Octopus Titan VCT (LON:OTV2) Hits New 52-Week Low - What's Next?

Key Points

• Octopus Titan VCT's shares reached a new 52-week low of GBX 15 ($0.20), reflecting a significant 38.8% decrease from its previous close of GBX 24.50 ($0.33).
• The company has a market capitalization of £247.16 million and reported a net margin of 117.66% along with a negative return on equity of 18.89%.
• Octopus Titan VCT specializes in investing in early-stage startups across various sectors including technology, media, and consumer lifestyle.

Octopus Titan VCT (LON:OTV2 - Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as GBX 15 ($0.20) and last traded at GBX 15 ($0.20), with a volume of 100628 shares traded. The stock had previously closed at GBX 24.50 ($0.33).

Octopus Titan VCT Stock Down 38.8%

The business's 50-day moving average price is GBX 24.83 and its 200 day moving average price is GBX 30.72. The company has a market capitalization of £247.16 million, a P/E ratio of -365.85 and a beta of -0.09.

Octopus Titan VCT (LON:OTV2 - Get Free Report) last released its quarterly earnings data on Friday, September 26th. The company reported GBX (0.10) EPS for the quarter. Octopus Titan VCT had a net margin of 117.66% and a negative return on equity of 18.89%.

About Octopus Titan VCT

Octopus Titan VCT plc is a venture capital trust specializing in early stage startups, early venture, mid venture, late venture and expansion investments. It invests in companies that are not listed on the main market of the London Stock Exchange. The fund seeks to invest in environmental, technology, media, telecoms, consumer lifestyle and wellbeing sectors.

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