Northern Venture Trust (LON:NVT) Shares Down 2.6% – Here’s What Happened

Northern Venture Trust (LON:NVTGet Free Report) fell 2.6% on Wednesday . The company traded as low as GBX 55.50 and last traded at GBX 55.50. 500 shares were traded during trading, a decline of 100% from the average session volume of 152,762 shares. The stock had previously closed at GBX 57.

Northern Venture Trust Stock Down 2.6%

The stock’s 50-day simple moving average is GBX 56.92 and its 200 day simple moving average is GBX 56.74. The firm has a market cap of £133.86 million, a P/E ratio of 14.61 and a beta of 0.19.

Northern Venture Trust (LON:NVTGet Free Report) last posted its quarterly earnings data on Thursday, November 20th. The company reported GBX 0.10 earnings per share for the quarter. Northern Venture Trust had a return on equity of 2.74% and a net margin of 55.11%.

Insiders Place Their Bets

In other Northern Venture Trust news, insider Deborah Hudson purchased 24,186 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were purchased at an average cost of GBX 62 per share, with a total value of £14,995.32. Insiders own 1.92% of the company’s stock.

Northern Venture Trust Company Profile

(Get Free Report)

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.

Further Reading

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