Octopus Titan VCT (LON:OTV2) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Octopus Titan VCT (LON:OTV2 – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 17.57 and traded as low as GBX 10. Octopus Titan VCT shares last traded at GBX 10, with a volume of 4,238 shares trading hands.

Octopus Titan VCT Stock Performance

The firm has a 50-day moving average of GBX 17 and a 200 day moving average of GBX 17.57. The stock has a market capitalization of £164.82 million, a price-to-earnings ratio of -3.70 and a beta of -0.09.

Octopus Titan VCT (LON:OTV2 – Get Free Report) last released its quarterly earnings results on Friday, September 25th. The company reported GBX 0.10 earnings per share for the quarter. Octopus Titan VCT had a negative return on equity of 9.60% and a net margin of 1,036.42%.

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. 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.

Featured Articles

Receive News & Ratings for Octopus Titan VCT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Octopus Titan VCT and related companies with MarketBeat.com's FREE daily email newsletter.