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

Octopus Titan VCT (LON:OTV2) posted its earnings results on Friday. The company reported GBX 0.10 earnings per share (EPS) 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 Price Performance

Shares of OTV2 traded up GBX 0.50 on Friday, reaching GBX 18. 122,572 shares of the stock traded hands, compared to its average volume of 51,967. The stock’s 50-day moving average price is GBX 14.94 and its 200-day moving average price is GBX 16.93. The firm has a market cap of £296.68 million, a price-to-earnings ratio of -3.27 and a beta of -0.09. Octopus Titan VCT has a 12 month low of GBX 10 and a 12 month 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.