Northern 3 VCT (LON:NTN) Trading Down 1.8% – Should You Sell?

Northern 3 VCT PLC (LON:NTN) traded down 1.8% on Wednesday . The stock traded as low as GBX 80.50 and last traded at GBX 80.50. 5,000 shares were traded during trading, a decline of 97% from the average session volume of 182,459 shares. The stock had previously closed at GBX 82.

Northern 3 VCT Stock Down 1.8%

The business has a 50-day simple moving average of GBX 80.94 and a two-hundred day simple moving average of GBX 82.06. The company has a market cap of £143.15 million, a price-to-earnings ratio of -134.17 and a beta of 0.16.

Northern 3 VCT (LON:NTN) last released 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 return on equity of 0.72% and a negative net margin of 44.14%.

About Northern 3 VCT

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).