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Octopus Titan VCT (LON:OTV2) Sets New 12-Month Low - Here's Why

Octopus Titan VCT logo with Financial Services background

Octopus Titan VCT (LON:OTV2 - Get Free Report)'s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 49.20 ($0.64) and last traded at GBX 50.90 ($0.66), with a volume of 433032 shares trading hands. The stock had previously closed at GBX 50.60 ($0.66).

Octopus Titan VCT Stock Performance

The company has a 50 day moving average of GBX 52.09 and a two-hundred day moving average of GBX 55.64. The stock has a market cap of £783.86 million, a PE ratio of -267.89 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The company also recently announced 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 dividend yield of 2.37%. Octopus Titan VCT's payout ratio is currently -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.

Further Reading

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