Octopus Titan VCT (LON:OTV2 – Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 37.50 ($0.48) and last traded at GBX 37.50 ($0.48), with a volume of 8936 shares changing hands. The stock had previously closed at GBX 44.30 ($0.56).
Octopus Titan VCT Trading Down 1.8 %
The company has a market capitalization of £669.90 million, a PE ratio of -228.95 and a beta of -0.09. The firm’s 50-day simple moving average is GBX 48.48 and its 200-day simple moving average is GBX 52.88.
Octopus Titan VCT Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, November 28th will be issued a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date is Thursday, November 28th. This represents a yield of 2.37%. Octopus Titan VCT’s payout ratio is currently -2,105.26%.
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.
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