Octopus Apollo VCT (LON:OAP3) Hits New 12-Month Low - What's Next?

Key Points

• Octopus Apollo VCT's share price recently reached a new 12-month low, trading as low as GBX 39 ($0.53) before last trading at GBX 48 ($0.65).
• The company's market cap is approximately £501.89 million with an unusually high price-to-earnings ratio of 1,714.29.
• Octopus Apollo VCT is a venture capital trust focused on investing in small and medium-sized unquoted companies in the UK, typically expecting to invest between £1 million ($1.64 million) and £2 million ($3.29 million) in each.

Octopus Apollo VCT (LON:OAP3 - )'s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 39 ($0.53) and last traded at GBX 48 ($0.65), with a volume of 135759 shares traded. The stock had previously closed at GBX 46.50 ($0.63).

Octopus Apollo VCT Stock Up 3.2%

The stock has a market cap of £501.89 million, a price-to-earnings ratio of 1,714.29 and a beta of -0.09. The business has a 50-day moving average of GBX 46.82 and a 200-day moving average of GBX 46.53.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.