Octopus Titan VCT (LON:OTV2) Posts Quarterly Earnings Results

Octopus Titan VCT (LON:OTV2) posted its quarterly earnings results on Friday. The company reported GBX 0.10 EPS for the quarter, Digital Look Earnings reports. Octopus Titan VCT had a net margin of 238.29% and a negative return on equity of 15.45%.

Octopus Titan VCT Stock Up 2.9%

Shares of LON OTV2 opened at GBX 18 on Friday. The firm has a market cap of £296.68 million, a P/E ratio of -3.27 and a beta of -0.09. Octopus Titan VCT has a twelve month low of GBX 10 and a twelve month high of GBX 27. The company has a 50 day moving average of GBX 14.94 and a 200 day moving average of GBX 16.93.

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.