Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report)’s stock price was up 0.3% during mid-day trading on Thursday . The company traded as high as GBX 65.40 and last traded at GBX 65.10. 998,699 shares traded hands during trading, a decline of 41% from the average daily volume of 1,699,680 shares. The stock had previously closed at GBX 64.90.
Octopus Renewables Infrastructure Trust Price Performance
The business has a 50 day simple moving average of GBX 60.94 and a 200 day simple moving average of GBX 58.49. The stock has a market cap of £343.45 million, a PE ratio of -15.39 and a beta of 0.27.
Octopus Renewables Infrastructure Trust (LON:ORIT – Get Free Report) last posted its earnings results 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%.
Octopus Renewables Infrastructure Trust Company Profile
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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