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

Northern 2 VCT (LON:NTV) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 52.78 ($0.66) and traded as low as GBX 51 ($0.64). Northern 2 VCT shares last traded at GBX 51 ($0.64), with a volume of 825 shares.

Northern 2 VCT Stock Performance

The stock’s 50 day moving average price is GBX 52.78 and its 200-day moving average price is GBX 52.93. The company has a market cap of £116.36 million, a PE ratio of 5,200.00 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last announced its quarterly earnings data on Thursday, November 21st. The company reported GBX 0.20 ($0.00) earnings per share for the quarter. Northern 2 VCT had a return on equity of 2.49% and a net margin of 51.69%.

Northern 2 VCT Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 22nd. Investors of record on Thursday, December 19th were paid a GBX 1.70 ($0.02) dividend. This is a positive change from Northern 2 VCT’s previous dividend of $1.20. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 3.12%. Northern 2 VCT’s dividend payout ratio (DPR) is presently 30,000.00%.

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.