Octopus Apollo VCT (LON:OAP3) Posts Earnings Results

Octopus Apollo VCT (LON:OAP3) released its quarterly earnings results on Friday. The company reported GBX (0.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX (457) million for the quarter. Octopus Apollo VCT had a return on equity of 5.65% and a net margin of 411.02%.

Octopus Apollo VCT Trading Up 3.2%

OAP3 stock traded up GBX 1.50 during midday trading on Friday, hitting GBX 48.20. The stock had a trading volume of 21 shares, compared to its average volume of 933,611. The firm has a market cap of £568.34 million, a P/E ratio of 15.55 and a beta of -0.09. Octopus Apollo VCT has a 1-year low of GBX 39 and a 1-year high of GBX 49.20. The business has a fifty day moving average price of GBX 46.63 and a two-hundred day moving average price of GBX 46.60.

Octopus Apollo VCT Company Profile

Octopus Apollo VCT plc is a venture capital trust specializing in development and expansion investments in smaller unquoted companies. The fund invests in small and medium sized companies in the United Kingdom. It typically invests in companies with debt investment values between £1 million ($1.64 million) and £2 million ($3.29 million). The fund primarily invests in the form of a secured loan using various unquoted investment instruments, including ordinary and preference shares, loan stocks, and convertible securities.