Octopus Titan VCT (LON:OTV2) Stock Price Down 44.2% – What’s Next?

Octopus Titan VCT (LON:OTV2) shares fell 44.2% during mid-day trading on Thursday . The company traded as low as GBX 12 and last traded at GBX 12. 247,570 shares traded hands during mid-day trading, an increase of 183% from the average session volume of 87,479 shares. The stock had previously closed at GBX 21.50.

Octopus Titan VCT Stock Down 44.2%

The stock has a 50 day moving average of GBX 18.83 and a 200 day moving average of GBX 20.67. The company has a market capitalization of £197.73 million, a price-to-earnings ratio of -2.93 and a beta of -0.09.

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.