Octopus Titan VCT (LON:OTV2) Sets New 1-Year Low – What’s Next?

Octopus Titan VCT (LON:OTV2Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 49.20 ($0.63) and last traded at GBX 49.20 ($0.63), with a volume of 3500 shares trading hands. The stock had previously closed at GBX 50.60 ($0.65).

Octopus Titan VCT Price Performance

The company has a market capitalization of £800.80 million, a price-to-earnings ratio of -258.95 and a beta of -0.09. The business’s 50-day moving average price is GBX 50.91 and its two-hundred day moving average price is GBX 54.73.

Octopus Titan VCT Cuts Dividend

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

Octopus Titan VCT Company Profile

(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.

Further Reading

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