Octopus Apollo VCT (LON:OAP3) Posts Earnings Results

Octopus Apollo VCT (LON:OAP3) released its quarterly earnings results on Friday. The company reported GBX (0.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Octopus Apollo VCT had a return on equity of 5.65% and a net margin of 411.02%.The company had revenue of GBX (457) million for the quarter.

Octopus Apollo VCT Stock Performance

OAP3 traded up GBX 1.50 during trading on Friday, reaching GBX 48.20. The company’s stock had a trading volume of 21 shares, compared to its average volume of 933,611. Octopus Apollo VCT has a 52-week low of GBX 39 and a 52-week high of GBX 49.20. The company’s fifty day moving average price is GBX 46.63 and its 200-day moving average price is GBX 46.60. The company has a market capitalization of £568.34 million, a price-to-earnings ratio of 15.55 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.