Octopus Titan VCT (LON:OTV2) Reaches New 1-Year Low - Should You Sell?

Octopus Titan VCT (LON:OTV2 - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 28 ($0.36) and last traded at GBX 28 ($0.36), with a volume of 473541 shares trading hands. The stock had previously closed at GBX 37.50 ($0.49).

Octopus Titan VCT Stock Down 25.3 %

The stock has a market capitalization of £445.84 million, a price-to-earnings ratio of -2.48 and a beta of -0.09. The company's fifty day simple moving average is GBX 40.99 and its 200 day simple moving average is GBX 45.98.

Octopus Titan VCT Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 24th will be given a GBX 0.50 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 1.37%. Octopus Titan VCT's payout ratio is presently -35.39%.

Octopus Titan VCT Company Profile

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.