Octopus Titan VCT (LON:OTV2 – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 49.20 ($0.64) and last traded at GBX 50.90 ($0.66), with a volume of 433032 shares traded. The stock had previously closed at GBX 50.60 ($0.66).
Octopus Titan VCT Price Performance
The company has a 50-day simple moving average of GBX 52.04 and a two-hundred day simple moving average of GBX 55.60. The stock has a market capitalization of £779.24 million, a price-to-earnings ratio of -266.32 and a beta of -0.09.
Octopus Titan VCT Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, November 28th will be given a GBX 1.20 ($0.02) dividend. This represents a yield of 2.37%. The ex-dividend date is Thursday, November 28th. Octopus Titan VCT’s dividend payout ratio is presently -2,105.26%.
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.
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