Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report)’s stock price traded up 3.8% during trading on Tuesday . The company traded as high as GBX 61.50 and last traded at GBX 60.50. 3,360,329 shares changed hands during mid-day trading, an increase of 65% from the average session volume of 2,033,506 shares. The stock had previously closed at GBX 58.30.
Octopus Renewables Infrastructure Trust Stock Up 3.8%
The company has a market cap of £319.18 million, a P/E ratio of -14.30 and a beta of 0.22. The stock’s 50-day moving average price is GBX 55.78 and its 200 day moving average price is GBX 58.11.
Octopus Renewables Infrastructure Trust (LON:ORIT – Get Free Report) last released its quarterly earnings results on Tuesday, March 24th. The company reported GBX 6.92 EPS for the quarter. Octopus Renewables Infrastructure Trust had a negative net margin of 119.99% and a negative return on equity of 4.43%.
About Octopus Renewables Infrastructure Trust
Octopus Renewables Infrastructure Trust plc (“ORIT”) is an Impact Fund helping accelerate the transition to net zero. It is an investment company focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of Renewable Energy Assets across Europe, the UK and Australia.
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