Octopus Titan VCT (LON:OTV2) Shares Up 4.1% - What's Next?

Octopus Titan VCT (LON:OTV2 - Get Free Report) shares traded up 4.1% on Friday . The company traded as high as GBX 38 ($0.51) and last traded at GBX 38 ($0.51). 225 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 605,699 shares. The stock had previously closed at GBX 36.50 ($0.49).

Octopus Titan VCT Trading Down 7.9 %

The firm has a fifty day moving average of GBX 36.67 and a two-hundred day moving average of GBX 42.74. The company has a market capitalization of £557.31 million, a PE ratio of -3.10 and a beta of -0.09.

Octopus Titan VCT (LON:OTV2 - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported GBX (0.20) ($0.00) earnings per share for the quarter. Octopus Titan VCT had a net margin of 117.66% and a negative return on equity of 18.89%.

Octopus Titan VCT Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, April 24th will be paid a GBX 0.50 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 1.37%. Octopus Titan VCT's payout ratio is currently -35.39%.

Octopus Titan VCT Company Profile

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.