Octopus Apollo VCT (LON:OAP3) Trading Down 4.8% – Here’s What Happened

Octopus Apollo VCT (LON:OAP3)’s share price was down 4.8% during mid-day trading on Tuesday . The stock traded as low as GBX 43.50 and last traded at GBX 43.50. Approximately 2,939 shares changed hands during trading, a decline of 100% from the average session volume of 812,806 shares. The stock had previously closed at GBX 45.70.

Octopus Apollo VCT Stock Performance

The stock’s 50 day simple moving average is GBX 45.52 and its 200 day simple moving average is GBX 46.13. The firm has a market cap of £516.19 million, a PE ratio of 36.25 and a beta of -0.09.

Octopus Apollo VCT (LON:OAP3) last posted its quarterly earnings data on Friday, May 22nd. The company reported GBX (0.20) earnings per share for the quarter. Octopus Apollo VCT had a net margin of 379.58% and a return on equity of 2.33%. The company had revenue of GBX (457) million for the quarter.

Octopus Apollo VCT Company Profile

Octopus Apollo VCT plc is a venture capital trust specializing in development and expansion investments in smaller unquoted companies. The fund invests in small and medium sized companies in the United Kingdom. It typically invests in companies with debt investment values between £1 million ($1.64 million) and £2 million ($3.29 million). The fund primarily invests in the form of a secured loan using various unquoted investment instruments, including ordinary and preference shares, loan stocks, and convertible securities.