Octopus Apollo VCT (LON:OAP3) Shares Down 3.2% - Here's Why

Key Points

• Octopus Apollo VCT shares fell by 3.2% to GBX 45 ($0.61), with trading volume drastically down by 100% compared to average daily volume.
• The company has a market capitalization of £470.52 million and a remarkably high price-to-earnings ratio of 1,607.14.
• Octopus Apollo VCT specializes in venture capital investments in smaller unquoted companies, typically investing between £1 million and £2 million in UK small and medium-sized businesses.

Octopus Apollo VCT (LON:OAP3 - )'s share price was down 3.2% during mid-day trading on Wednesday . The company traded as low as GBX 45 ($0.61) and last traded at GBX 45 ($0.61). Approximately 9 shares traded hands during trading, a decline of 100% from the average daily volume of 399,479 shares. The stock had previously closed at GBX 46.50 ($0.63).

Octopus Apollo VCT Stock Performance

The business's 50-day simple moving average is GBX 46.85 and its 200-day simple moving average is GBX 46.61. The company has a market capitalization of £470.52 million, a price-to-earnings ratio of 1,607.14 and a beta of -0.09.

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).

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