Octopus Apollo VCT (LON:OAP3) Stock Price Up 3.3% – Still a Buy?

Octopus Apollo VCT (LON:OAP3 – Get Free Report) shares traded up 3.3% on Wednesday . The company traded as high as GBX 47.20 and last traded at GBX 47.20. 621 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 912,726 shares. The stock had previously closed at GBX 45.70.

Octopus Apollo VCT Stock Up 3.3%

The business’s 50-day simple moving average is GBX 45.24 and its two-hundred day simple moving average is GBX 45.94. The firm has a market cap of £560.09 million, a price-to-earnings ratio of 39.33 and a beta of -0.09.

Octopus Apollo VCT Company Profile

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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.

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