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Octopus Renewables Infrastructure Trust (LON:ORIT) Stock Price Up 1.5% - Here's What Happened

Octopus Renewables Infrastructure Trust logo with Financial Services background
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Key Points

  • Octopus Renewables Infrastructure Trust shares rose 1.5% to GBX 60.30, trading as high as GBX 61.50 with ~1.45 million shares changing hands—about 24% below the average daily volume.
  • The trust has a market cap of £318.13m, a negative P/E of -14.26, reported GBX 6.92 EPS for the quarter, and shows a negative return on equity (‑4.43%) and a deeply negative net margin (‑119.99%).
  • ORIT is an impact fund investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, targeting attractive income with some capital growth while supporting the transition to net zero.
  • Five stocks we like better than Octopus Renewables Infrastructure Trust.

Shares of Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report) were up 1.5% on Tuesday . The stock traded as high as GBX 61.50 and last traded at GBX 60.30. Approximately 1,446,445 shares changed hands during trading, a decline of 24% from the average daily volume of 1,901,918 shares. The stock had previously closed at GBX 59.40.

Octopus Renewables Infrastructure Trust Trading Up 1.5%

The firm has a market capitalization of £318.13 million, a P/E ratio of -14.26 and a beta of 0.25. The firm has a 50-day moving average of GBX 56.78 and a two-hundred day moving average of GBX 57.81.

Octopus Renewables Infrastructure Trust (LON:ORIT - Get Free Report) last announced its quarterly earnings data on Tuesday, March 24th. The company reported GBX 6.92 earnings per share for the quarter. Octopus Renewables Infrastructure Trust had a negative return on equity of 4.43% and a negative net margin of 119.99%.

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.

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