Octopus Apollo VCT (LON:OAP3) Stock Price Up 3.3% – Should You Buy?

Octopus Apollo VCT (LON:OAP3) shares were up 3.3% during mid-day trading on Monday . The company traded as high as GBX 47.20 and last traded at GBX 47.20. Approximately 41 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 815,729 shares. The stock had previously closed at GBX 45.70.

Octopus Apollo VCT Stock Up 3.3%

The stock has a fifty day moving average of GBX 46.65 and a 200-day moving average of GBX 46.56. The stock has a market capitalization of £560.03 million, a price-to-earnings ratio of 39.33 and a beta of -0.09.

Octopus Apollo VCT (LON:OAP3) last announced its quarterly earnings results on Friday, May 22nd. The company reported GBX (0.20) earnings per share (EPS) for the quarter. The business had revenue of GBX (457) million during the quarter. Octopus Apollo VCT had a net margin of 379.58% and a return on equity of 2.33%.

About Octopus Apollo VCT

Octopus Apollo VCT plc is a venture capital trust specializing in development and expansion investments in smaller unquoted companies. The fund invests in small and medium sized companies in the United Kingdom. It typically invests in companies with debt investment values between £1 million ($1.64 million) and £2 million ($3.29 million). The fund primarily invests in the form of a secured loan using various unquoted investment instruments, including ordinary and preference shares, loan stocks, and convertible securities.