Octopus Renewables Infrastructure Trust (LON:ORIT – Get Free Report) announced its earnings results on Tuesday. The company reported GBX 2.79 earnings per share for the quarter, Digital Look Earnings reports. Octopus Renewables Infrastructure Trust had a negative net margin of 119.99% and a negative return on equity of 4.43%.
Octopus Renewables Infrastructure Trust Trading Up 0.3%
LON:ORIT opened at GBX 60.70 on Tuesday. The company has a market cap of £320.24 million, a PE ratio of -14.35 and a beta of 0.23. The company has a 50 day simple moving average of GBX 61.68 and a two-hundred day simple moving average of GBX 60.75. Octopus Renewables Infrastructure Trust has a 12 month low of GBX 52.60 and a 12 month 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 research report on Tuesday, August 4th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Octopus Renewables Infrastructure Trust presently has an average rating of “Hold”.
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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