Octopus Titan VCT (LON:OTV2) Sets New 1-Year Low – Here’s What Happened

Octopus Titan VCT (LON:OTV2)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 10 and last traded at GBX 10, with a volume of 52854 shares traded. The stock had previously closed at GBX 17.50.

Octopus Titan VCT Stock Performance

The business has a fifty day moving average of GBX 15.56 and a 200-day moving average of GBX 17.44. The company has a market capitalization of £164.82 million, a P/E ratio of -1.82 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.