Octopus Titan VCT (LON:OTV2) Releases Earnings Results

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

Octopus Titan VCT Price Performance

Shares of Octopus Titan VCT stock traded up GBX 0.50 on Friday, reaching GBX 18. 122,572 shares of the company were exchanged, 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. Octopus Titan VCT has a 1-year low of GBX 10 and a 1-year high of GBX 27. The company has a market cap of £296.68 million, a P/E ratio of -3.27 and a beta of -0.09.

About Octopus Titan VCT

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.