Octopus Titan VCT (LON:OTV2) Sets New 12-Month Low – Here’s What Happened

Octopus Titan VCT (LON:OTV2) shares reached a new 52-week low on Friday . The company traded as low as GBX 15 and last traded at GBX 20.80, with a volume of 7934 shares traded. The stock had previously closed at GBX 21.50.

Octopus Titan VCT Trading Down 3.3%

The stock’s fifty day simple moving average is GBX 19.36 and its 200 day simple moving average is GBX 21.89. The company has a market cap of £342.73 million, a price-to-earnings ratio of -5.07 and a beta of -0.09.

Octopus Titan VCT Company Profile

Octopus Titan VCT plc is a venture capital trust specializing in early stage startups, early venture, mid venture, late venture and expansion investments. It invests in companies that are not listed on the main market of the London Stock Exchange. The fund seeks to invest in environmental, technology, media, telecoms, consumer lifestyle and wellbeing sectors. The fund invests in smaller unquoted companies based in the United Kingdom. It prefers to invest between £0.25 million ($0.35 million) and £25 million ($35.3 million) in first round of funding.