Octopus Titan VCT (LON:OTV2) Stock Price Down 43.9% – Time to Sell?

Shares of Octopus Titan VCT (LON:OTV2) traded down 43.9% on Wednesday . The company traded as low as GBX 11.50 and last traded at GBX 11.50. 103,954 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 77,296 shares. The stock had previously closed at GBX 20.50.

Octopus Titan VCT Trading Down 43.9%

The business has a fifty day simple moving average of GBX 20.16 and a two-hundred day simple moving average of GBX 20.62. The company has a market cap of £189.49 million, a PE ratio of -2.80 and a beta of -0.09.

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. The fund invests in smaller unquoted companies based in the United Kingdom. It prefers to invest between £0.25 million ($0.35 million) and £25 million ($35.3 million) in first round of funding.