Octopus Titan VCT (LON:OTV2) Reaches New 52-Week Low – Here’s Why

Octopus Titan VCT (LON:OTV2Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 40 ($0.50) and last traded at GBX 40 ($0.50), with a volume of 9418 shares traded. The stock had previously closed at GBX 52 ($0.65).

Octopus Titan VCT Stock Performance

The firm has a market cap of £731.50 million, a price-to-earnings ratio of -210.53 and a beta of -0.09. The firm has a 50 day moving average price of GBX 50.20 and a 200-day moving average price of GBX 54.17.

Octopus Titan VCT Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 1.20 ($0.02) per share. This represents a dividend yield of 2.37%. The ex-dividend date is Thursday, November 28th. Octopus Titan VCT’s dividend payout ratio (DPR) is presently -2,105.26%.

About Octopus Titan VCT

(Get Free Report)

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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