Octopus Titan VCT (LON:OTV2) Reaches New 1-Year Low – Here’s What Happened

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

Octopus Titan VCT Stock Down 42.9%

The business’s 50-day moving average is GBX 17.80 and its two-hundred day moving average is GBX 18.23. The company has a market capitalization of £164.82 million, a P/E ratio of -1.82 and a beta of -0.09.

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

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.