Octopus Titan VCT (LON:OTV2) Sets New 12-Month Low - Time to Sell?

Key Points

• Octopus Titan VCT shares reached a new 52-week low of GBX 20 ($0.27) during recent trading, down significantly from a previous closing price of GBX 31.50 ($0.43).
• The stock has dropped 36.5%, with a market capitalization of approximately £318.46 million and a negative P/E ratio of -1.77.
• Octopus Titan VCT focuses on investing in early stage startups and sectors such as environmental, technology, media, and consumer lifestyle.

Shares of Octopus Titan VCT (LON:OTV2 - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 20 ($0.27) and last traded at GBX 20 ($0.27), with a volume of 11735 shares traded. The stock had previously closed at GBX 31.50 ($0.42).

Octopus Titan VCT Price Performance

The stock has a 50 day simple moving average of GBX 29.34 and a two-hundred day simple moving average of GBX 34.78. The company has a market cap of £469.73 million, a PE ratio of -2.61 and a beta of -0.09.

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.