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

Octopus Apollo VCT (LON:OAP3 – Get Free Report) shares traded up 3.3% during mid-day trading on Wednesday. The company traded as high as GBX 47.20 and last traded at GBX 47.20. 2,977 shares traded hands during trading, a decline of 100% from the average session volume of 836,815 shares. The stock had previously closed at GBX 45.70.

Octopus Apollo VCT Price Performance

The firm has a market capitalization of £560.09 million, a price-to-earnings ratio of 39.33 and a beta of -0.09. The business’s 50-day moving average price is GBX 45.10 and its 200 day moving average price is GBX 45.90.

About Octopus Apollo VCT

(Get Free Report)

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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