Octopus Titan VCT (LON:OTV2 – Get Free Report)’s share price reached a new 52-week low during 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 changing hands. The stock had previously closed at GBX 52 ($0.65).
Octopus Titan VCT Stock Down 23.1 %
The stock has a market capitalization of £616 million, a price-to-earnings ratio of -273.68 and a beta of -0.09. The company has a 50 day moving average of GBX 50.38 and a 200 day moving average of GBX 54.32.
Octopus Titan VCT Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, November 28th will be paid a GBX 1.20 ($0.02) dividend. The ex-dividend date is Thursday, November 28th. This represents a yield of 2.37%. Octopus Titan VCT’s payout ratio is currently -2,105.26%.
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.
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