Octopus Apollo VCT (LON:OAP3) Reaches 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 - Get Free Report)'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. The stock had previously closed at GBX 46.50 ($0.63).

Octopus Apollo VCT Price Performance

The stock has a market capitalization of £486.20 million, a PE ratio of 1,660.71 and a beta of -0.09. The firm has a 50 day moving average price of GBX 46.88 and a 200 day moving average price of GBX 46.58.

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).