Octopus Titan VCT (LON:OTV2) Reaches New 12-Month Low – What’s Next?

Octopus Titan VCT (LON:OTV2Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 49.20 ($0.62) and last traded at GBX 49.20 ($0.62), with a volume of 1000 shares changing hands. The stock had previously closed at GBX 50.60 ($0.64).

Octopus Titan VCT Price Performance

The company’s 50 day simple moving average is GBX 50.59 and its two-hundred day simple moving average is GBX 54.42. The company has a market cap of £779.24 million, a PE ratio of -266.32 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, November 28th will be issued a dividend of GBX 1.20 ($0.02) per share. 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 (DPR) is -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.

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