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

Octopus Titan VCT (LON:OTV2) posted its quarterly earnings data on Wednesday. The company reported GBX 0.10 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 807 million during the quarter. Octopus Titan VCT had a net margin of 194.97% and a negative return on equity of 8.52%.

Octopus Titan VCT Stock Performance

OTV2 traded down GBX 10.50 during trading on Wednesday, reaching GBX 10. The company had a trading volume of 25,251 shares, compared to its average volume of 73,948. The company has a market cap of £164.77 million, a price-to-earnings ratio of -2.44 and a beta of -0.09. Octopus Titan VCT has a 12-month low of GBX 10 and a 12-month high of GBX 38. The firm’s 50-day simple moving average is GBX 19.52 and its 200 day simple moving average is GBX 20.49.

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.