Octopus Titan VCT (LON:OTV2) Trading Up 7.3% – Still a Buy?

Octopus Titan VCT (LON:OTV2)’s share price was up 7.3% on Tuesday . The company traded as high as GBX 22 and last traded at GBX 22. Approximately 30,000 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 78,060 shares. The stock had previously closed at GBX 20.50.

Octopus Titan VCT Stock Down 43.9%

The stock has a market cap of £189.49 million, a price-to-earnings ratio of -2.80 and a beta of -0.09. The stock has a fifty day moving average of GBX 19.76 and a two-hundred day moving average of GBX 20.49.

About Octopus Titan VCT

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.