Octopus Titan VCT (LON:OTV2) Issues Earnings Results

Octopus Titan VCT (LON:OTV2) issued its earnings results on Tuesday. The company reported GBX (0.20) ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Octopus Titan VCT had a negative return on equity of 18.89% and a net margin of 117.66%.

Octopus Titan VCT Price Performance

Shares of Octopus Titan VCT stock traded down GBX 3 ($0.04) during trading on Tuesday, hitting GBX 35 ($0.47). The stock had a trading volume of 19,398 shares, compared to its average volume of 597,202. The stock has a market cap of £557.31 million, a PE ratio of -3.10 and a beta of -0.09. Octopus Titan VCT has a 12 month low of GBX 28 ($0.38) and a 12 month high of GBX 61 ($0.82). The firm’s fifty day simple moving average is GBX 36.81 and its 200-day simple moving average is GBX 42.85.

Octopus Titan VCT Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 1.37%. Octopus Titan VCT’s payout ratio is -35.39%.

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.