Octopus Apollo VCT (LON:OAP3) Announces Quarterly Earnings Results

Octopus Apollo VCT (LON:OAP3) posted its quarterly earnings data on Friday. The company reported GBX (0.10) EPS for the quarter, Digital Look Earnings reports. Octopus Apollo VCT had a net margin of 379.58% and a return on equity of 2.33%.

Octopus Apollo VCT Stock Down 3.3%

OAP3 stock traded down GBX 1.50 during mid-day trading on Friday, reaching GBX 44.60. 3,679 shares of the company traded hands, compared to its average volume of 805,873. Octopus Apollo VCT has a fifty-two week low of GBX 41 and a fifty-two week high of GBX 49.20. The firm’s 50 day moving average price is GBX 45.02 and its 200 day moving average price is GBX 45.86. The stock has a market cap of £529.24 million, a price-to-earnings ratio of 37.17 and a beta of -0.09.

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.