Octopus Renewables Infrastructure Trust (LON:ORIT) Posts Quarterly Earnings Results

Octopus Renewables Infrastructure Trust (LON:ORIT - Get Free Report) issued its earnings results on Thursday. The company reported GBX 6.55 ($0.08) EPS for the quarter, Digital Look Earnings reports. Octopus Renewables Infrastructure Trust had a net margin of 62.83% and a return on equity of 3.10%.

Octopus Renewables Infrastructure Trust Trading Up 0.3 %

ORIT stock traded up GBX 0.20 ($0.00) during midday trading on Monday, hitting GBX 64 ($0.83). 1,330,464 shares of the company's stock were exchanged, compared to its average volume of 1,184,936. Octopus Renewables Infrastructure Trust has a 1-year low of GBX 62.43 ($0.81) and a 1-year high of GBX 80.76 ($1.04). The business has a 50-day simple moving average of GBX 65.37 and a two-hundred day simple moving average of GBX 70.52. The stock has a market capitalization of £355.39 million, a PE ratio of 19.58 and a beta of 0.15.

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.