Octopus Apollo VCT (LON:OAP3) Stock Price Up 3.3% – Time to Buy?

Shares of Octopus Apollo VCT (LON:OAP3) shot up 3.3% during trading on Monday . The stock traded as high as GBX 47.20 and last traded at GBX 47.20. 41 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 815,729 shares. The stock had previously closed at GBX 45.70.

Octopus Apollo VCT Stock Performance

The firm has a market cap of £542.23 million, a price-to-earnings ratio of 38.08 and a beta of -0.09. The firm has a 50-day moving average price of GBX 46.64 and a two-hundred day moving average price of GBX 46.57.

Octopus Apollo VCT (LON:OAP3) last posted its quarterly earnings results on Friday, May 22nd. The company reported GBX (0.20) earnings per share for the quarter. Octopus Apollo VCT had a net margin of 379.58% and a return on equity of 2.33%. The business had revenue of GBX (457) million during the quarter.

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.