Northern 3 VCT (LON:NTN) Hits New 12-Month High – What’s Next?

Northern 3 VCT PLC (LON:NTN) shares hit a new 52-week high on Friday . The company traded as high as GBX 86.50 and last traded at GBX 86.50, with a volume of 2303 shares changing hands. The stock had previously closed at GBX 85.

Northern 3 VCT Trading Up 1.8%

The firm has a 50-day moving average of GBX 84.06 and a 200-day moving average of GBX 83.97. The stock has a market capitalization of £138.83 million, a price-to-earnings ratio of 16.96 and a beta of 0.16.

Northern 3 VCT (LON:NTN) last issued its quarterly earnings results on Thursday, November 20th. The company reported GBX 0.20 EPS for the quarter. Northern 3 VCT had a return on equity of 2.55% and a net margin of 52.77%.

Insider Buying and Selling

In other news, insider Christopher J. Fleetwood bought 10,975 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The shares were purchased at an average price of GBX 91 per share, for a total transaction of £9,987.25. Also, insider John Waddell purchased 10,959 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was acquired at an average price of GBX 91 per share, for a total transaction of £9,972.69. 0.98% of the stock is owned by corporate insiders.

Northern 3 VCT Company Profile

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.