Northern 2 VCT (LON:NTV) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Northern 2 VCT (LON:NTV)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 52.87 ($0.67) and traded as low as GBX 52 ($0.65). Northern 2 VCT shares last traded at GBX 52 ($0.65), with a volume of 4,000 shares trading hands.

Northern 2 VCT Trading Down 2.8 %

The stock’s 50-day moving average price is GBX 52.56 and its two-hundred day moving average price is GBX 52.87. The stock has a market capitalization of £115.07 million, a P/E ratio of 0.27 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last released its quarterly earnings data on Thursday, November 21st. The company reported GBX 0.20 ($0.00) EPS for the quarter. Northern 2 VCT had a net margin of 7,373.23% and a return on equity of 335.60%.

Northern 2 VCT Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 22nd. Investors of record on Thursday, December 19th were issued a GBX 1.70 ($0.02) dividend. The ex-dividend date was Thursday, December 19th. This is an increase from Northern 2 VCT’s previous dividend of $1.20. This represents a yield of 3.12%. Northern 2 VCT’s dividend payout ratio (DPR) is 1.58%.

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.