Northern Venture Trust (LON:NVT) Shares Down 1.6%

Northern Venture Trust plc (LON:NVT)’s share price was down 1.6% during trading on Wednesday . The company traded as low as GBX 63 ($0.82) and last traded at GBX 63 ($0.82), approximately 8,950 shares traded hands during mid-day trading. An increase of 66% from the average daily volume of 5,378 shares. The stock had previously closed at GBX 64 ($0.84).

The firm has a market cap of $87.43 million and a price-to-earnings ratio of 17.03. The firm has a 50-day moving average of GBX 64.57 and a two-hundred day moving average of GBX 61.35.

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 21st will be paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, November 21st. This represents a yield of 3.03%. Northern Venture Trust’s payout ratio is 1.08%.

About Northern Venture Trust (LON:NVT)

Northern Venture Trust PLC is a venture capital trust (VCT). The Company’s principal activity is making of long-term equity and loan investments, mainly in unquoted companies. The Company’s objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth.

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