Octopus Titan VCT (LON:OTV2) Sets New 52-Week Low – What’s Next?

Octopus Titan VCT (LON:OTV2) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 10 and last traded at GBX 10, with a volume of 3071 shares traded. The stock had previously closed at GBX 17.50.

Octopus Titan VCT Trading Down 42.9%

The company has a market capitalization of £164.82 million, a P/E ratio of -1.82 and a beta of -0.09. The stock’s fifty day moving average is GBX 17.80 and its 200 day moving average is GBX 18.23.

Octopus Titan VCT (LON:OTV2) last released its quarterly earnings results on Wednesday, April 29th. The company reported GBX 0.10 earnings per share (EPS) for the quarter. The company had revenue of GBX 807 million during the quarter. Octopus Titan VCT had a net margin of 238.29% and a negative return on equity of 15.45%.

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.