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Octopus Renewables Infrastructure Trust (LON:ORIT) Trading Up 0.1% - Here's What Happened

Octopus Renewables Infrastructure Trust logo with Financial Services background

Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report)'s stock price traded up 0.1% on Tuesday . The company traded as high as GBX 68.60 ($0.91) and last traded at GBX 68 ($0.90). 497,271 shares traded 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 Stock Up 1.0 %

The company has a market capitalization of £382.04 million, a PE ratio of 21.05 and a beta of 0.15. The firm has a 50-day moving average of GBX 65 and a two-hundred day moving average of GBX 67.99.

Octopus Renewables Infrastructure Trust (LON:ORIT - Get Free Report) last announced its quarterly earnings results 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 net margin of 62.83% and a return on equity of 3.10%.

Octopus Renewables Infrastructure Trust Company Profile

(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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