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Octopus Renewables Infrastructure Trust (LON:ORIT) Stock Price Up 2.6% - What's Next?

Octopus Renewables Infrastructure Trust logo with Financial Services background

Key Points

  • Octopus Renewables Infrastructure Trust (LON:ORIT) shares rose by 2.6%, trading at GBX 71.60 ($0.97), reflecting a notable increase from the previous close of GBX 69.80 ($0.94).
  • The total trading volume was approximately 706,022 shares, which is a 41% decline from its average daily volume of 1,204,733 shares.
  • This investment firm focuses on providing sustainable income through a diversified portfolio of Renewable Energy Assets across Europe, the UK, and Australia, aimed at supporting the transition to net zero.
  • MarketBeat previews top five stocks to own in October.

Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report)'s stock price traded up 2.6% on Tuesday . The stock traded as high as GBX 71.60 ($0.97) and last traded at GBX 71.60 ($0.97). 706,022 shares were traded during mid-day trading, a decline of 41% from the average session volume of 1,204,733 shares. The stock had previously closed at GBX 69.80 ($0.94).

Octopus Renewables Infrastructure Trust Stock Down 0.8%

The firm has a 50 day moving average of GBX 72.41 and a two-hundred day moving average of GBX 69.24. The firm has a market capitalization of £390.93 million, a price-to-earnings ratio of 21.54 and a beta of 0.15.

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.

Further Reading

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