Octopus Titan VCT (LON:OTV2 – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 49.20 ($0.63) and last traded at GBX 49.20 ($0.63), with a volume of 3500 shares. The stock had previously closed at GBX 50.60 ($0.65).
Octopus Titan VCT Price Performance
The firm’s 50 day moving average price is GBX 51.06 and its 200-day moving average price is GBX 54.80. The stock has a market cap of £757.68 million, a P/E ratio of -266.32 and a beta of -0.09.
Octopus Titan VCT Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, December 19th. Stockholders 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 dividend yield of 2.37%. Octopus Titan VCT’s dividend payout ratio (DPR) is presently -2,105.26%.
Octopus Titan VCT Company Profile
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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