Octopus Titan VCT (LON:OTV2) Trading Up 6.1% - Here's What Happened

Key Points

• Octopus Titan VCT shares rose by 6.1% to GBX 26 ($0.35), despite a significant decrease in trading volume, which fell by 85% from the average daily volume.
• The company's most recent earnings report showed a loss with EPS of GBX (0.10) and a negative return on equity of 18.89%.
• Octopus Titan VCT specializes in venture capital investments in early to late stage startups across sectors such as technology, media, and consumer lifestyle.

Octopus Titan VCT (LON:OTV2 - Get Free Report) was up 6.1% during trading on Friday . The stock traded as high as GBX 26 ($0.35) and last traded at GBX 26 ($0.35). Approximately 125,315 shares changed hands during trading, a decline of 85% from the average daily volume of 820,685 shares. The stock had previously closed at GBX 24.50 ($0.33).

Octopus Titan VCT Stock Performance

The company's fifty day moving average is GBX 23.84 and its 200-day moving average is GBX 30.19. The company has a market capitalization of £428.41 million, a PE ratio of -634.15 and a beta of -0.09.

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

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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