Octopus Titan VCT (LON:OTV2) Sets New 52-Week Low – What’s Next?

Octopus Titan VCT (LON:OTV2) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 10 and last traded at GBX 10, with a volume of 13964 shares changing hands. The stock had previously closed at GBX 19.50.

Octopus Titan VCT Stock Down 45.9%

The stock has a market cap of £164.82 million, a P/E ratio of -1.82 and a beta of -0.09. The business’s 50-day simple moving average is GBX 17.56 and its two-hundred day simple moving average is GBX 19.09.

Octopus Titan VCT (LON:OTV2) last released its quarterly earnings data on Wednesday, April 29th. The company reported GBX 0.10 EPS for the quarter. Octopus Titan VCT had a net margin of 333.33% and a negative return on equity of 15.55%. The company had revenue of GBX 807 million during the quarter.

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.