Northern 2 VCT (LON:NTV) Shares Cross Above 50-Day Moving Average – Time to Sell?

Northern 2 VCT (LON:NTV)’s stock price crossed above 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 high as GBX 53.50 ($0.67). Northern 2 VCT shares last traded at GBX 52 ($0.65), with a volume of 4,000 shares traded.

Northern 2 VCT Price Performance

The stock’s 50-day moving average is GBX 52.56 and its two-hundred day moving average is GBX 52.87. The stock has a market cap of £115.07 million, a P/E ratio of 0.27 and a beta of 0.22.

Northern 2 VCT (LON:NTV) last issued its quarterly earnings data on Thursday, November 21st. The company reported GBX 0.20 ($0.00) earnings per share (EPS) 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 disclosed a dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Thursday, December 19th were given a GBX 1.70 ($0.02) dividend. The ex-dividend date was Thursday, December 19th. This represents a dividend yield of 3.12%. This is an increase from Northern 2 VCT’s previous dividend of $1.20. 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.