Octopus Renewables Infrastructure Trust (LON:ORIT) Stock Price Down 0.4% - Here's Why

Shares of Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report) traded down 0.4% during mid-day trading on Friday . The stock traded as low as GBX 73.21 ($1.00) and last traded at GBX 73.50 ($1.00). 1,108,586 shares changed hands during trading, a decline of 6% from the average session volume of 1,185,552 shares. The stock had previously closed at GBX 73.80 ($1.01).

Octopus Renewables Infrastructure Trust Stock Down 0.4%

The firm has a fifty day simple moving average of GBX 72.34 and a 200-day simple moving average of GBX 67.93. The company has a market cap of £408.14 million, a PE ratio of 22.49 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.

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