Northern 2 VCT (LON:NTV) Shares Pass Below 50-Day Moving Average – Should You Sell?

Shares of Northern 2 VCT (LON:NTV) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 52.56 ($0.66) 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 changing hands.

Northern 2 VCT Stock Performance

The firm’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 cap of £115.07 million, a price-to-earnings ratio of 0.27 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last announced its quarterly earnings results on Thursday, November 21st. The company reported GBX 0.20 ($0.00) earnings per share 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 company also recently declared a dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Thursday, December 19th were given a dividend of GBX 1.70 ($0.02) per share. This is a boost from Northern 2 VCT’s previous dividend of $1.20. The ex-dividend date of this dividend was Thursday, December 19th. This represents a dividend yield of 3.12%. Northern 2 VCT’s payout ratio is presently 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.