Octopus Titan VCT (LON:OTV2) Stock Price Down 44.2% – Should You Sell?

Octopus Titan VCT (LON:OTV2)’s stock price was down 44.2% during trading on Thursday . The stock traded as low as GBX 12 and last traded at GBX 12. Approximately 247,570 shares traded hands during trading, an increase of 183% from the average daily volume of 87,479 shares. The stock had previously closed at GBX 21.50.

Octopus Titan VCT Price Performance

The business has a fifty day simple moving average of GBX 18.89 and a 200 day simple moving average of GBX 20.59. The firm has a market cap of £352.61 million, a price-to-earnings ratio of -5.22 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.