Octopus Titan VCT (LON:OTV2) Reaches New 12-Month Low – Here’s What Happened

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 10 and last traded at GBX 10, with a volume of 3071 shares trading hands. The stock had previously closed at GBX 17.50.

Octopus Titan VCT Price Performance

The company has a market cap of £164.82 million, a price-to-earnings ratio of -1.82 and a beta of -0.09. The business’s fifty day moving average price is GBX 17.42 and its 200 day moving average price is GBX 18.04.

Octopus Titan VCT (LON:OTV2) last posted its quarterly earnings data on Wednesday, April 29th. The company reported GBX 0.10 earnings per share for the quarter. The business had revenue of GBX 807 million during the quarter. Octopus Titan VCT had a negative return on equity of 15.45% and a net margin of 238.29%.

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.