Harmony Energy Income Trust (LON:HEIT) Stock Price Up 20.9% - What's Next?

Harmony Energy Income Trust Plc (LON:HEIT - Get Free Report)'s stock price rose 20.9% during mid-day trading on Monday . The company traded as high as GBX 81 ($1.05) and last traded at GBX 79 ($1.03). Approximately 1,672,100 shares were traded during trading, an increase of 311% from the average daily volume of 407,319 shares. The stock had previously closed at GBX 65.36 ($0.85).

Harmony Energy Income Trust Trading Down 0.1 %

The stock has a market cap of £178.38 million, a P/E ratio of -5.24 and a beta of 0.20. The stock has a 50 day simple moving average of GBX 64.35 and a 200 day simple moving average of GBX 58.03.

Harmony Energy Income Trust (LON:HEIT - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported GBX (25) (($0.33)) EPS for the quarter. Harmony Energy Income Trust had a negative return on equity of 14.61% and a net margin of 106.46%.

About Harmony Energy Income Trust

The Harmony Energy Income Trust (‘HEIT') is a “pure play” battery energy storage systems (BESS) owner and operator with an exclusive focus on 2-hour duration BESS in GB. It was launched on the London Stock Exchange in November 2021. It currently holds 494.4MW / 988.8 MWh of BESS projects spread across Great Britain.