Octopus Titan VCT (LON:OTV2) Sets New 52-Week Low at $59.00

Octopus Titan VCT (LON:OTV2Get Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as GBX 59 ($0.75) and last traded at GBX 59.50 ($0.75), with a volume of 0 shares changing hands. The stock had previously closed at GBX 59.80 ($0.76).

Octopus Titan VCT Stock Performance

The firm has a 50 day simple moving average of GBX 62.75 and a two-hundred day simple moving average of GBX 64.34. The stock has a market cap of £916.30 million, a P/E ratio of -313.16 and a beta of -0.09.

Octopus Titan VCT Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, May 9th will be paid a GBX 1.90 ($0.02) dividend. This represents a dividend yield of 3.02%. The ex-dividend date of this dividend is Thursday, May 9th. Octopus Titan VCT’s dividend payout ratio is presently -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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