Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report)’s stock price shot up 1.3% during mid-day trading on Wednesday . The company traded as high as GBX 61 and last traded at GBX 61. 1,075,709 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 1,759,668 shares. The stock had previously closed at GBX 60.20.
Octopus Renewables Infrastructure Trust Price Performance
The company has a market capitalization of £331.85 million, a price-to-earnings ratio of -14.87 and a beta of 0.33. The firm has a 50-day moving average price of GBX 58.64 and a two-hundred day moving average price of GBX 57.86.
Octopus Renewables Infrastructure Trust (LON:ORIT – Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported GBX 6.92 earnings per share for the quarter. Octopus Renewables Infrastructure Trust had a negative return on equity of 4.43% and a negative net margin of 119.99%.
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.
Recommended Stories
- Five stocks we like better than Octopus Renewables Infrastructure Trust
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Receive News & Ratings for Octopus Renewables Infrastructure Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Octopus Renewables Infrastructure Trust and related companies with MarketBeat.com's FREE daily email newsletter.
