Octopus Apollo VCT (LON:OAP3) Trading Up 3.2% - Here's Why

Key Points

• Shares of Octopus Apollo VCT (LON:OAP3) increased by 3.2%, trading at GBX 48 ($0.64) after previously closing at GBX 46.50 ($0.62).
• The stock's trading volume significantly decreased, with only 2 shares traded compared to an average of 362,354 shares.
• Octopus Apollo VCT specializes in venture capital investments in smaller unquoted companies in the UK, typically investing between £1 million and £2 million.

Shares of Octopus Apollo VCT (LON:OAP3 - ) traded up 3.2% during trading on Friday . The company traded as high as GBX 48 ($0.64) and last traded at GBX 48 ($0.64). 2 shares were traded during mid-day trading, a decline of 100% from the average session volume of 362,354 shares. The stock had previously closed at GBX 46.50 ($0.62).

Octopus Apollo VCT Stock Up 3.2%

The stock has a 50 day simple moving average of GBX 46.93 and a 200 day simple moving average of GBX 46.78. The company has a market capitalization of £501.89 million, a price-to-earnings ratio of 1,714.29 and a beta of -0.09.

Octopus Apollo VCT Company Profile

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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