Octopus Titan VCT (LON:OTV2) Trading Down 40.3% - Here's Why

Octopus Titan VCT (LON:OTV2 - Get Free Report) shares fell 40.3% during mid-day trading on Friday . The company traded as low as GBX 20 ($0.27) and last traded at GBX 20 ($0.27). 2,999 shares were traded during mid-day trading, a decline of 100% from the average session volume of 897,469 shares. The stock had previously closed at GBX 33.50 ($0.46).

Octopus Titan VCT Trading Down 40.3%

The stock has a fifty day moving average of GBX 33.82 and a two-hundred day moving average of GBX 37.98. The stock has a market capitalization of £318.46 million, a price-to-earnings ratio of -1.77 and a beta of -0.09.

Octopus Titan VCT (LON:OTV2 - Get Free Report) last released its quarterly 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 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.

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