Northern 2 VCT (LON:NTV) Stock Passes Below 50 Day Moving Average – Should You Sell?

Northern 2 VCT (LON:NTVGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 52.53 ($0.68) and traded as low as GBX 52 ($0.67). Northern 2 VCT shares last traded at GBX 52 ($0.67), with a volume of 3 shares trading hands.

Northern 2 VCT Stock Performance

The company’s 50-day simple moving average is GBX 52.53 and its 200 day simple moving average is GBX 52.81. The stock has a market cap of £118.39 million, a P/E ratio of 0.28 and a beta of 0.22.

Insider Activity at Northern 2 VCT

In related news, insider Ranjan Ramparia bought 17,332 shares of the company’s stock in a transaction on Thursday, April 3rd. The shares were purchased at an average cost of GBX 58 ($0.75) per share, for a total transaction of £10,052.56 ($13,048.49). 0.22% of the stock is currently owned by company insiders.

About Northern 2 VCT

(Get Free Report)

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.

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