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

Octopus Titan VCT (LON:OTV2) posted its quarterly earnings data on Friday. The company reported GBX 0.10 earnings per share for the quarter, Digital Look Earnings reports. Octopus Titan VCT had a net margin of 238.29% and a negative return on equity of 15.45%.

Octopus Titan VCT Trading Up 2.9%

Shares of Octopus Titan VCT stock traded up GBX 0.50 on Friday, reaching GBX 18. 139,662 shares of the company were exchanged, compared to its average volume of 52,077. The stock has a fifty day moving average price of GBX 14.90 and a 200-day moving average price of GBX 16.92. The firm has a market capitalization of £296.68 million, a price-to-earnings ratio of -3.27 and a beta of -0.09. Octopus Titan VCT has a fifty-two week low of GBX 10 and a fifty-two week high of GBX 27.

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.