Octopus Titan VCT (LON:OTV2) Reaches New 52-Week Low – Here’s Why

Shares of Octopus Titan VCT (LON:OTV2Get Free Report) hit a new 52-week low 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 trading hands. The stock had previously closed at GBX 52 ($0.65).

Octopus Titan VCT Stock Performance

The company has a market cap of £731.50 million, a PE ratio of -210.53 and a beta of -0.09. The firm has a fifty day simple moving average of GBX 50.20 and a 200 day simple moving average of GBX 54.17.

Octopus Titan VCT Cuts Dividend

The firm also recently declared 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 is Thursday, November 28th. Octopus Titan VCT’s dividend payout ratio (DPR) is -2,105.26%.

About Octopus Titan VCT

(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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