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

Octopus Titan VCT logo with Financial Services background

Shares of Octopus Titan VCT (LON:OTV2 - Get Free Report) hit a new 52-week low during trading 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 traded. The stock had previously closed at GBX 50.60 ($0.64).

Octopus Titan VCT Stock Performance

The stock has a market capitalization of £757.68 million, a PE ratio of -258.95 and a beta of -0.09. The business has a 50 day moving average of GBX 50.71 and a two-hundred day moving average of GBX 54.47.

Octopus Titan VCT Cuts Dividend

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