Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report)'s stock price was down 0.9% on Thursday . The stock traded as low as GBX 73.40 ($1.00) and last traded at GBX 74.29 ($1.01). Approximately 1,043,622 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 1,205,873 shares. The stock had previously closed at GBX 75 ($1.02).
Octopus Renewables Infrastructure Trust Stock Performance
The stock has a market capitalization of £415.36 million, a price-to-earnings ratio of 22.89 and a beta of 0.15. The business's 50 day simple moving average is GBX 69.59 and its 200-day simple moving average is GBX 67.26.
Octopus Renewables Infrastructure Trust (LON:ORIT - Get Free Report) last released its quarterly 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 return on equity of 3.10% and a net margin of 62.83%.
About Octopus Renewables Infrastructure Trust
(
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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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