Octopus Titan VCT (LON:OTV2) Issues Earnings Results

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

Octopus Titan VCT Stock Performance

OTV2 traded down GBX 10.50 on Wednesday, reaching GBX 10. 25,251 shares of the company’s stock were exchanged, compared to its average volume of 73,948. Octopus Titan VCT has a twelve month low of GBX 10 and a twelve month high of GBX 38. The company’s 50 day moving average is GBX 19.52 and its 200-day moving average is GBX 20.49. The company has a market cap of £164.77 million, a price-to-earnings ratio of -2.44 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.