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

Octopus Titan VCT (LON:OTV2) shares hit a new 52-week low on Thursday . The stock traded as low as GBX 10 and last traded at GBX 10, with a volume of 37548 shares traded. The stock had previously closed at GBX 19.50.

Octopus Titan VCT Stock Performance

The firm’s 50-day moving average price is GBX 18.89 and its two-hundred day moving average price is GBX 20.16. The stock has a market cap of £164.77 million, a PE ratio of -1.82 and a beta of -0.09.

Octopus Titan VCT (LON:OTV2) last announced its quarterly earnings results on Wednesday, April 29th. The company reported GBX 0.10 earnings per share for the quarter. Octopus Titan VCT had a net margin of 333.33% and a negative return on equity of 15.55%. The firm 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.