Octopus Titan VCT (LON:OTV2) Trading 3.4% Higher – Here’s Why

Octopus Titan VCT (LON:OTV2) shares were up 3.4% during mid-day trading on Thursday . The stock traded as high as GBX 45 ($0.56) and last traded at GBX 45 ($0.56). Approximately 17,680 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 1,031,767 shares. The stock had previously closed at GBX 43.50 ($0.54).

Octopus Titan VCT Stock Performance

The stock’s 50-day simple moving average is GBX 46.61 and its 200 day simple moving average is GBX 51.56. The company has a market cap of £693 million, a PE ratio of -236.84 and a beta of -0.09.

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.