Octopus Titan VCT (LON:OTV2) Hits New 12-Month Low – What’s Next?

Shares of Octopus Titan VCT (LON:OTV2) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 43452 shares changing hands. The stock had previously closed at GBX 21.50.

Octopus Titan VCT Price Performance

The business’s fifty day simple moving average is GBX 20.94 and its 200 day simple moving average is GBX 23.06. The stock has a market cap of £247.16 million, a price-to-earnings ratio of -3.66 and a beta of -0.09.

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.