Octopus Renewables Infrastructure Trust (LON:ORIT) Trading Down 0.3% - Should You Sell?

Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report) shares were down 0.3% on Monday . The stock traded as low as GBX 71.20 ($0.94) and last traded at GBX 71.60 ($0.95). Approximately 831,199 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 1,206,942 shares. The stock had previously closed at GBX 71.80 ($0.95).

Octopus Renewables Infrastructure Trust Price Performance

The business's 50 day simple moving average is GBX 73.07 and its 200-day simple moving average is GBX 68.66. The stock has a market capitalization of £388.71 million, a P/E ratio of 21.42 and a beta of 0.15.

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.