Northern 2 VCT (LON:NTV) Share Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Northern 2 VCT (LON:NTV) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 53.32 and traded as high as GBX 53.50. Northern 2 VCT shares last traded at GBX 52, with a volume of 11,120 shares changing hands.

Northern 2 VCT Stock Performance

The stock has a 50 day moving average price of GBX 53.32 and a 200 day moving average price of GBX 53.92. The company has a market cap of £136.31 million, a P/E ratio of 14.46 and a beta of 0.22.

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. The fund prefers to invest in unquoted and AIM-quoted companies in the United Kingdom. It invests in all sectors, manufacturing and service businesses except real estate.