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

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

Octopus Titan VCT Trading Down 48.7%

Shares of OTV2 opened at GBX 10 on Friday. The company has a market cap of £164.77 million, a price-to-earnings ratio of -2.44 and a beta of -0.09. The business’s fifty day simple moving average is GBX 19.06 and its two-hundred day simple moving average is GBX 20.34. Octopus Titan VCT has a 12 month low of GBX 10 and a 12 month high of GBX 38.

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.