Octopus Titan VCT (LON:OTV2) Hits New 1-Year Low – What’s Next?
by Renee Jackson · The Cerbat GemOctopus Titan VCT (LON:OTV2 – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 10 and last traded at GBX 10, with a volume of 37026 shares changing hands. The stock had previously closed at GBX 17.50.
Octopus Titan VCT Stock Down 42.9%
The stock has a market cap of £164.82 million, a price-to-earnings ratio of -1.82 and a beta of -0.09. The company has a 50 day simple moving average of GBX 15.70 and a 200 day simple moving average of GBX 17.74.
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.