Downing Renewables & Infrastructure (LON:DORE) Trading 2.4% Higher - Still a Buy?

Downing Renewables & Infrastructure (LON:DORE - Get Free Report)'s share price was up 2.4% during mid-day trading on Thursday . The stock traded as high as GBX 87.60 ($1.16) and last traded at GBX 85.60 ($1.14). Approximately 1,776,720 shares were traded during mid-day trading, an increase of 606% from the average daily volume of 251,492 shares. The stock had previously closed at GBX 83.60 ($1.11).

Downing Renewables & Infrastructure Stock Performance

The stock's 50 day simple moving average is GBX 79.48 and its 200 day simple moving average is GBX 81.33. The firm has a market capitalization of £147.20 million and a P/E ratio of 22.37.

Downing Renewables & Infrastructure (LON:DORE - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The company reported GBX 4.40 ($0.06) EPS for the quarter. Downing Renewables & Infrastructure had a return on equity of 3.21% and a net margin of 98.10%.

Downing Renewables & Infrastructure Company Profile

Downing Renewables & Infrastructure Trust PLC (DORE) is a renewable energy and infrastructure trust designed to deliver stable and sustainable returns through diversification across technology, geography and project stage. It has a diversified portfolio of renewable energy generating assets and other infrastructure assets across the UK, Ireland and Northern Europe.