Octopus Titan VCT (LON:OTV2) Hits New 52-Week Low at $56.00

Octopus Titan VCT (LON:OTV2Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 56 ($0.72) and last traded at GBX 57.50 ($0.74), with a volume of 2253 shares. The stock had previously closed at GBX 56 ($0.72).

Octopus Titan VCT Stock Up 2.7 %

The business’s 50 day simple moving average is GBX 58.85 and its two-hundred day simple moving average is GBX 62.20. The stock has a market cap of £885.50 million, a P/E ratio of -294.74 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, May 30th. Shareholders of record on Thursday, May 9th were paid a dividend of GBX 1.90 ($0.02) per share. The ex-dividend date was Thursday, May 9th. This represents a dividend yield of 3.02%. Octopus Titan VCT’s payout ratio is presently -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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