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Octopus Renewables Infrastructure Trust (LON:ORIT) Sets New 52-Week Low - What's Next?

Octopus Renewables Infrastructure Trust logo with Financial Services background
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Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 62.70 ($0.81) and last traded at GBX 63.60 ($0.82), with a volume of 1549300 shares trading hands. The stock had previously closed at GBX 64.60 ($0.84).

Octopus Renewables Infrastructure Trust Trading Up 2.7 %

The company has a market capitalization of £363.72 million, a P/E ratio of 20.04 and a beta of 0.15. The firm's 50 day moving average price is GBX 65.64 and its two-hundred day moving average price is GBX 71.49.

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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