Octopus Titan VCT (LON:OTV2) Reaches New 1-Year Low – Here’s Why

Octopus Titan VCT (LON:OTV2 – Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday. The stock traded as low as GBX 10 and last traded at GBX 10, with a volume of 4,238 shares trading hands. The stock had previously closed at GBX 19.50.

Octopus Titan VCT Stock Performance

The firm’s 50 day simple moving average is GBX 17.15 and its 200-day simple moving average is GBX 17.63. The company has a market capitalization of £164.82 million, a price-to-earnings ratio of -3.70 and a beta of -0.09.

Octopus Titan VCT (LON:OTV2 – Get Free Report) last issued its earnings results on Friday, September 25th. The company reported GBX 0.10 EPS for the quarter. Octopus Titan VCT had a negative return on equity of 9.60% and a net margin of 1,036.42%.

About Octopus Titan VCT

(Get Free Report)

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.

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