Octopus Titan VCT (LON:OTV2) Sets New 12-Month Low – Here’s Why

Shares of Octopus Titan VCT (LON:OTV2Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 10 and last traded at GBX 10, with a volume of 36186 shares. The stock had previously closed at GBX 17.50.

Octopus Titan VCT Price Performance

The firm has a market cap of £164.82 million, a price-to-earnings ratio of -1.82 and a beta of -0.09. The firm has a 50 day moving average price of GBX 16.16 and a 200-day moving average price of GBX 17.86.

About Octopus Titan VCT

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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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