Octopus Titan VCT (LON:OTV2) Hits New 1-Year Low – Here’s What Happened

Octopus Titan VCT (LON:OTV2)’s share price reached 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 changing hands. The stock had previously closed at GBX 19.50.

Octopus Titan VCT Stock Down 48.7%

The business has a fifty day simple moving average of GBX 17.99 and a 200 day simple moving average of GBX 19.78. The company has a market cap of £164.77 million, a price-to-earnings ratio of -1.82 and a beta of -0.09.

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