Octopus Renewables Infrastructure Trust (LON:ORIT) Shares Up 0.1% - Should You Buy?

Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report)'s stock price traded up 0.1% on Tuesday . The stock traded as high as GBX 68.60 ($0.91) and last traded at GBX 68 ($0.90). 497,271 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 1,178,993 shares. The stock had previously closed at GBX 67.90 ($0.90).

Octopus Renewables Infrastructure Trust Price Performance

The company has a market cap of £382.04 million, a price-to-earnings ratio of 21.05 and a beta of 0.15. The firm has a 50 day simple moving average of GBX 65 and a 200-day simple moving average of GBX 67.92.

Octopus Renewables Infrastructure Trust (LON:ORIT - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The company reported GBX 6.55 ($0.09) earnings per share (EPS) 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

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.