Octopus Apollo VCT (LON:OAP3) Trading Up 0.2% – Should You Buy?

Octopus Apollo VCT (LON:OAP3)’s stock price rose 0.2% on Tuesday . The stock traded as high as GBX 47.20 and last traded at GBX 45.80. 72 shares were traded during mid-day trading, a decline of 100% from the average session volume of 894,701 shares. The stock had previously closed at GBX 45.70.

Octopus Apollo VCT Stock Performance

The firm’s 50-day simple moving average is GBX 45.97 and its 200 day simple moving average is GBX 46.37. The stock has a market cap of £538.74 million, a P/E ratio of 38.08 and a beta of -0.09.

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

About Octopus Apollo VCT

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.