Octopus Titan VCT (LON:OTV2) Reaches New 12-Month Low – What’s Next?

Octopus Titan VCT (LON:OTV2Get Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 49.20 ($0.62) and last traded at GBX 49.20 ($0.62), with a volume of 1000 shares changing hands. The stock had previously closed at GBX 50.60 ($0.64).

Octopus Titan VCT Price Performance

The company has a market capitalization of £757.68 million, a price-to-earnings ratio of -273.68 and a beta of -0.09. The stock has a 50 day moving average price of GBX 50.85 and a two-hundred day moving average price of GBX 54.61.

Octopus Titan VCT Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, November 28th will be paid a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 2.37%. Octopus Titan VCT’s dividend payout ratio (DPR) is presently -2,105.26%.

About Octopus Titan VCT

(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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