Northern 2 VCT (LON:NTV) Shares Up 4% – Should You Buy?

Shares of Northern 2 VCT (LON:NTV) rose 4% during trading on Tuesday . The company traded as high as GBX 56.50 and last traded at GBX 56.50. Approximately 2,823 shares changed hands during trading, a decline of 98% from the average daily volume of 167,809 shares. The stock had previously closed at GBX 54.32.

Northern 2 VCT Trading Up 4.0%

The firm’s fifty day simple moving average is GBX 54.66 and its two-hundred day simple moving average is GBX 54.44. The company has a market capitalization of £144.90 million, a price-to-earnings ratio of 15.27 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last announced its quarterly earnings results on Thursday, November 20th. The company reported GBX 0.20 earnings per share (EPS) for the quarter. Northern 2 VCT had a net margin of 7,373.23% and a return on equity of 335.60%.

Insider Buying and Selling at Northern 2 VCT

In other Northern 2 VCT news, insider Thomas Chambers bought 49,204 shares of Northern 2 VCT stock in a transaction on Tuesday, November 25th. The shares were bought at an average price of GBX 59 per share, for a total transaction of £29,030.36. Also, insider Ranjan Ramparia purchased 16,941 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was acquired at an average cost of GBX 59 per share, for a total transaction of £9,995.19. 0.37% of the stock is owned by company insiders.

Northern 2 VCT Company Profile

Northern 2 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. It prefer to invest in growth capital investments. Within direct, the fund seeks to invest in middle market, later stage, buyout, mature, and early stage investments. Within fund of funds, it makes private equity fund investments.