Octopus Apollo VCT (LON:OAP3) Shares Down 5.8% – Time to Sell?

Octopus Apollo VCT (LON:OAP3Get Free Report) was down 5.8% during mid-day trading on Tuesday . The stock traded as low as GBX 44 and last traded at GBX 44. Approximately 57,987 shares were traded during trading, a decline of 94% from the average daily volume of 1,018,199 shares. The stock had previously closed at GBX 46.70.

Octopus Apollo VCT Stock Down 5.8%

The firm has a market capitalization of £518.81 million, a P/E ratio of 14.19 and a beta of -0.09. The company’s 50 day moving average is GBX 46.67 and its 200-day moving average is GBX 46.60.

About Octopus Apollo VCT

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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.

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