Shares of Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report) were up 1.9% on Thursday . The stock traded as high as GBX 64 and last traded at GBX 63.30. Approximately 1,256,688 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 1,533,740 shares. The stock had previously closed at GBX 62.10.
Octopus Renewables Infrastructure Trust Stock Performance
The firm has a market capitalization of £328.15 million, a price-to-earnings ratio of -14.70 and a beta of 0.26. The stock’s fifty day moving average is GBX 63.26 and its two-hundred day moving average is GBX 59.40.
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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