Octopus Titan VCT (LON:OTV2 – Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as GBX 39 ($0.50) and last traded at GBX 39 ($0.50), with a volume of 5705 shares trading hands. The stock had previously closed at GBX 46.30 ($0.59).
Octopus Titan VCT Stock Down 15.8 %
The firm has a market capitalization of £600.60 million, a P/E ratio of -243.68 and a beta of -0.09. The firm’s 50-day simple moving average is GBX 49.83 and its 200-day simple moving average is GBX 53.81.
Octopus Titan VCT Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, November 28th will be issued a dividend of GBX 1.20 ($0.02) per share. This represents a dividend 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
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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