Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 58.70 ($0.77) and last traded at GBX 61.27 ($0.80), with a volume of 1792992 shares trading hands. The stock had previously closed at GBX 61.60 ($0.81).
Octopus Renewables Infrastructure Trust Price Performance
The business's 50 day moving average price is GBX 64.88 and its 200 day moving average price is GBX 69.23. The stock has a market capitalization of £360.94 million, a P/E ratio of 19.89 and a beta of 0.15.
Octopus Renewables Infrastructure Trust (LON:ORIT - Get Free Report) last announced its earnings results on Thursday, March 27th. The company reported GBX 6.55 ($0.09) earnings per share for the quarter. Octopus Renewables Infrastructure Trust had a net margin of 62.83% and a return on equity of 3.10%.
About Octopus Renewables Infrastructure Trust
(
Get Free Report)
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.
Featured Articles
Before you consider Octopus Renewables Infrastructure Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Octopus Renewables Infrastructure Trust wasn't on the list.
While Octopus Renewables Infrastructure Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
