Northern Venture Trust (LON:NVT) Announces Quarterly Earnings Results

Northern Venture Trust (LON:NVT) issued its earnings results on Tuesday. The company reported GBX 0.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Northern Venture Trust had a negative net margin of 86.36% and a negative return on equity of 1.03%. The business had revenue of GBX 180 million during the quarter.

Northern Venture Trust Stock Performance

Shares of LON:NVT opened at GBX 55 on Tuesday. Northern Venture Trust has a 52-week low of GBX 53 and a 52-week high of GBX 60. The company has a market capitalization of £143.96 million, a P/E ratio of 14.47 and a beta of 0.19. The company has a 50-day simple moving average of GBX 56.93 and a 200 day simple moving average of GBX 56.82.

Northern Venture Trust Company Profile

Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.1 million) and £10 million ($15.59 million) in companies with enterprise values between £10 million ($15.59 million) and £30 million ($46.77 million). It prefers to take majority stake in companies.