Northern 3 VCT (LON:NTN) Stock Price Down 1.2% – Should You Sell?

Northern 3 VCT PLC (LON:NTN) shares dropped 1.2% during trading on Wednesday . The stock traded as low as GBX 82.53 and last traded at GBX 82.53. Approximately 385,638 shares traded hands during trading, an increase of 257% from the average daily volume of 108,069 shares. The stock had previously closed at GBX 83.50.

Northern 3 VCT Price Performance

The business’s 50-day moving average is GBX 72.90 and its two-hundred day moving average is GBX 79.88. The firm has a market cap of £131.52 million, a P/E ratio of 16.18 and a beta of 0.16.

Northern 3 VCT Company Profile

Northern 3 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. Within direct, the fund seeks to invest in middle market, later stage, mature and growth capital. Within fund of funds, it makes private equity fund investments. The fund invests in all sectors. It typically invests in the United Kingdom. The fund typically invests between £2 million ($3.11 million) and £10 million ($15.57 million) in companies with enterprise values between £10 million ($15.57 million) and £30 million ($46.77 million).