Octopus Titan VCT (LON:OTV2) Reaches New 52-Week Low – Here’s Why

Octopus Titan VCT (LON:OTV2) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 10 and last traded at GBX 10, with a volume of 65883 shares trading hands. The stock had previously closed at GBX 19.50.

Octopus Titan VCT Stock Performance

The stock has a market capitalization of £164.77 million, a PE ratio of -1.82 and a beta of -0.09. The company’s fifty day simple moving average is GBX 18.42 and its two-hundred day simple moving average is GBX 19.90.

Octopus Titan VCT (LON:OTV2) last released its quarterly earnings results on Wednesday, April 29th. The company reported GBX 0.10 EPS for the quarter. Octopus Titan VCT had a net margin of 333.33% and a negative return on equity of 15.55%. The business had revenue of GBX 807 million for the quarter.

About Octopus Titan VCT

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.