Octopus Apollo VCT (LON:OAP3) Stock Price Down 3.2% – What’s Next?

Shares of Octopus Apollo VCT (LON:OAP3) dropped 3.2% during trading on Tuesday . The company traded as low as GBX 44.80 and last traded at GBX 44.80. Approximately 3,671 shares traded hands during trading, a decline of 99% from the average daily volume of 421,281 shares. The stock had previously closed at GBX 46.30.

Octopus Apollo VCT Stock Performance

The firm’s 50 day moving average price is GBX 46.81 and its two-hundred day moving average price is GBX 46.78. The firm has a market cap of £509.16 million, a PE ratio of 14.45 and a beta of -0.09.

Insiders Place Their Bets

In other Octopus Apollo VCT news, insider Graeme Gunn bought 20,282 shares of Octopus Apollo VCT stock in a transaction on Monday, December 1st. The shares were bought at an average price of GBX 53 per share, for a total transaction of £10,749.46. Also, insider Murray Steele purchased 40,565 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was acquired at an average cost of GBX 53 per share, for a total transaction of £21,499.45. Over the last three months, insiders have bought 101,961 shares of company stock valued at $5,383,101. Insiders own 0.08% of the company’s stock.

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.