Downing Renewables & Infrastructure (LON:DORE) Stock Price Down 0.2% - Time to Sell?

Downing Renewables & Infrastructure (LON:DORE - Get Free Report) shares traded down 0.2% during trading on Friday . The company traded as low as GBX 87.03 ($1.09) and last traded at GBX 88.80 ($1.11). 167,482 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 244,517 shares. The stock had previously closed at GBX 89 ($1.11).

Downing Renewables & Infrastructure Stock Performance

The business has a 50 day moving average of GBX 80.78 and a two-hundred day moving average of GBX 80.80. The firm has a market cap of £160.95 million and a P/E ratio of 1,466.67.

Downing Renewables & Infrastructure Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 28th were given a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 1.77%. Downing Renewables & Infrastructure's payout ratio is presently 8,333.33%.

Downing Renewables & Infrastructure Company Profile

Downing Renewables & Infrastructure Trust PLC (DORE) is a renewable energy and infrastructure trust designed to deliver stable and sustainable returns through diversification across technology, geography and project stage. It has a diversified portfolio of renewable energy generating assets and other infrastructure assets across the UK, Ireland and Northern Europe.