Northern 3 VCT (LON:NTN) Sets New 52-Week Low – Time to Sell?

Shares of Northern 3 VCT PLC (LON:NTNGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 79.50 and last traded at GBX 79.50, with a volume of 5266 shares. The stock had previously closed at GBX 81.

Northern 3 VCT Price Performance

The firm’s 50-day simple moving average is GBX 82.25 and its two-hundred day simple moving average is GBX 82.91. The company has a market capitalization of £141.37 million, a price-to-earnings ratio of 15.59 and a beta of 0.16.

Northern 3 VCT (LON:NTNGet Free Report) last posted its quarterly earnings results on Tuesday, June 16th. The company reported GBX 0.40 earnings per share (EPS) for the quarter. The company had revenue of GBX 185 million during the quarter. Northern 3 VCT had a negative net margin of 44.14% and a negative return on equity of 0.72%.

Northern 3 VCT Company Profile

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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).

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