Octopus Apollo VCT (LON:OAP3) Releases Quarterly Earnings Results

Octopus Apollo VCT (LON:OAP3) posted its quarterly earnings results on Friday. The company reported GBX (0.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Octopus Apollo VCT had a net margin of 379.58% and a return on equity of 2.33%.

Octopus Apollo VCT Trading Down 3.3%

LON:OAP3 traded down GBX 1.50 during midday trading on Friday, reaching GBX 44.60. The company had a trading volume of 3,679 shares, compared to its average volume of 805,873. The stock’s fifty day simple moving average is GBX 45 and its 200-day simple moving average is GBX 45.85. Octopus Apollo VCT has a 12-month low of GBX 41 and a 12-month high of GBX 49.20. The firm has a market capitalization of £529.24 million, a price-to-earnings ratio of 37.17 and a beta of -0.09.

About Octopus Apollo VCT

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.