Northern Venture Trust (LON:NVT) Announces Earnings Results

Northern Venture Trust (LON:NVT) announced its quarterly earnings data on Tuesday. The company reported GBX 0.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 180 million during the quarter. Northern Venture Trust had a negative return on equity of 1.03% and a negative net margin of 86.36%.

Northern Venture Trust Stock Performance

Shares of NVT opened at GBX 55 on Tuesday. The stock’s 50-day simple moving average is GBX 56.93 and its 200 day simple moving average is GBX 56.82. The stock has a market capitalization of £143.96 million, a price-to-earnings ratio of 14.47 and a beta of 0.19. Northern Venture Trust has a 52-week low of GBX 53 and a 52-week high of GBX 60.

Northern Venture Trust Company Profile

Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.1 million) and £10 million ($15.59 million) in companies with enterprise values between £10 million ($15.59 million) and £30 million ($46.77 million). It prefers to take majority stake in companies.