Northern 3 VCT (LON:NTN) Stock Passes Below 50-Day Moving Average – What’s Next?

Northern 3 VCT PLC (LON:NTN)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 82.89 and traded as low as GBX 82. Northern 3 VCT shares last traded at GBX 82, with a volume of 9 shares traded.

Northern 3 VCT Stock Performance

The stock has a 50-day moving average of GBX 82.89 and a two-hundred day moving average of GBX 83.34. The company has a market cap of £131.63 million, a P/E ratio of 16.37 and a beta of 0.16.

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. 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).