Octopus Titan VCT (LON:OTV2) Reaches New 12-Month Low at $59.50

Shares of Octopus Titan VCT (LON:OTV2Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 59.50 ($0.76) and last traded at GBX 61 ($0.78), with a volume of 300 shares traded. The stock had previously closed at GBX 63 ($0.80).

Octopus Titan VCT Trading Down 5.6 %

The stock has a 50-day simple moving average of GBX 63.51 and a 200-day simple moving average of GBX 64.80. The company has a market cap of £916.30 million, a price-to-earnings ratio of -313.16 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, May 9th will be issued a GBX 1.90 ($0.02) dividend. The ex-dividend date is Thursday, May 9th. This represents a dividend yield of 3.02%. 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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