Octopus Titan VCT (LON:OTV2) Announces Quarterly Earnings Results

Octopus Titan VCT (LON:OTV2) posted its earnings results on Wednesday. The company reported GBX 0.10 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 807 million for the quarter. Octopus Titan VCT had a net margin of 194.97% and a negative return on equity of 8.52%.

Octopus Titan VCT Stock Down 51.2%

LON:OTV2 traded down GBX 10.50 on Wednesday, hitting GBX 10. The stock had a trading volume of 25,251 shares, compared to its average volume of 73,948. The stock has a market cap of £164.77 million, a price-to-earnings ratio of -2.44 and a beta of -0.09. The company has a fifty day moving average price of GBX 19.52 and a two-hundred day moving average price of GBX 20.49. Octopus Titan VCT has a 1-year low of GBX 10 and a 1-year high of GBX 38.

About Octopus Titan VCT

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.