Octopus Renewables Infrastructure Trust (LON:ORIT – Get Free Report) issued its earnings results on Tuesday. The company reported GBX 2.79 earnings per share (EPS) for the quarter, Digital Look Earnings reports. 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 Price Performance
LON ORIT opened at GBX 60.60 on Tuesday. The business has a 50 day moving average price of GBX 61.68 and a 200 day moving average price of GBX 60.75. The company has a market capitalization of £319.71 million, a P/E ratio of -14.33 and a beta of 0.23. Octopus Renewables Infrastructure Trust has a 1-year low of GBX 52.60 and a 1-year high of GBX 67.29.
Analyst Ratings Changes
Separately, Jefferies Financial Group reissued a “hold” rating on shares of Octopus Renewables Infrastructure Trust in a report on Tuesday, August 4th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Octopus Renewables Infrastructure Trust presently has a consensus rating of “Hold”.
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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