Octopus Apollo VCT (LON:OAP3) Insider Murray Steele Purchases 2,511 Shares of Stock

Octopus Apollo VCT (LON:OAP3) insider Murray Steele bought 2,511 shares of the company’s stock in a transaction dated Thursday, May 2nd. The stock was bought at an average cost of GBX 49 ($0.62) per share, with a total value of £1,230.39 ($1,545.52).

Octopus Apollo VCT Stock Performance

OAP3 opened at GBX 48.60 ($0.61) on Friday. The company has a 50-day moving average of GBX 48.06 and a 200-day moving average of GBX 49.03. The company has a market capitalization of £407.54 million, a P/E ratio of 1,215.00 and a beta of -0.09. Octopus Apollo VCT has a 1-year low of GBX 45.25 ($0.57) and a 1-year high of GBX 52 ($0.65).

Octopus Apollo VCT Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, May 2nd. Stockholders of record on Thursday, April 11th were given a GBX 1.30 ($0.02) dividend. This represents a dividend yield of 2.68%. The ex-dividend date of this dividend was Thursday, April 11th. Octopus Apollo VCT’s payout ratio is currently 7,500.00%.

Octopus Apollo VCT Company Profile

Octopus Apollo VCT plc is a venture capital trust specializing in development and expansion investments in smaller unquoted companies. The fund invests in small and medium sized companies in the United Kingdom. It typically invests in companies with debt investment values between £1 million ($1.64 million) and £2 million ($3.29 million).