Octopus Titan VCT (LON:OTV2) Hits New 12-Month Low – Should You Sell?

Octopus Titan VCT (LON:OTV2Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 49.20 ($0.63) and last traded at GBX 49.20 ($0.63), with a volume of 3500 shares traded. The stock had previously closed at GBX 50.60 ($0.65).

Octopus Titan VCT Stock Down 2.8 %

The business’s 50-day simple moving average is GBX 51.06 and its 200-day simple moving average is GBX 54.80. The stock has a market cap of £757.68 million, a PE ratio of -266.32 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, November 28th will be given a dividend of GBX 1.20 ($0.02) per share. This represents a dividend yield of 2.37%. The ex-dividend date is Thursday, November 28th. Octopus Titan VCT’s dividend payout ratio is currently -2,105.26%.

Octopus Titan VCT Company Profile

(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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