Octopus Titan VCT (LON:OTV2) Reaches New 12-Month Low – What’s Next?
by Kim Johansen · The Markets DailyOctopus Titan VCT (LON:OTV2 – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 5000 shares traded. The stock had previously closed at GBX 21.50.
Octopus Titan VCT Price Performance
The business has a 50 day simple moving average of GBX 21.11 and a 200 day simple moving average of GBX 23.47. The stock has a market cap of £247.16 million, a PE ratio of -3.66 and a beta of -0.09.
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. The fund invests in smaller unquoted companies based in the United Kingdom. It prefers to invest between £0.25 million ($0.35 million) and £25 million ($35.3 million) in first round of funding.