Octopus Titan VCT (LON:OTV2) Sets New 52-Week Low - Here's What Happened

Octopus Titan VCT (LON:OTV2 - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 39 ($0.50) and last traded at GBX 39 ($0.50), with a volume of 5705 shares traded. The stock had previously closed at GBX 46.30 ($0.59).

Octopus Titan VCT Price Performance

The stock's 50-day moving average is GBX 49.83 and its 200 day moving average is GBX 53.81. The company has a market cap of £592.90 million, a PE ratio of -205.26 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 19th. Investors 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 dividend payout ratio (DPR) is -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.