Octopus Renewables Infrastructure Trust (LON:ORIT) Trading Up 1.3% – Here’s What Happened

Octopus Renewables Infrastructure Trust plc (LON:ORITGet Free Report)’s stock price traded up 1.3% during trading on Wednesday . The company traded as high as GBX 61 and last traded at GBX 61. 1,075,709 shares were traded 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 Stock Up 1.3%

The company has a 50 day moving average of GBX 58.57 and a 200 day moving average of GBX 57.84. The stock has a market capitalization of £321.82 million, a price-to-earnings ratio of -14.42 and a beta of 0.33.

Octopus Renewables Infrastructure Trust (LON:ORITGet Free Report) last issued its quarterly earnings results on Tuesday, March 24th. The company reported GBX 6.92 earnings per share (EPS) 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

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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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