Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 65 ($0.82) and last traded at GBX 65.50 ($0.83), with a volume of 3010027 shares traded. The stock had previously closed at GBX 66.40 ($0.84).
Octopus Renewables Infrastructure Trust Stock Down 1.4 %
The firm has a market capitalization of £368.06 million, a P/E ratio of 2,183.33 and a beta of 0.15. The business's 50 day moving average is GBX 74.32 and its two-hundred day moving average is GBX 75.11.
Octopus Renewables Infrastructure Trust Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were paid a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 1.93%. The ex-dividend date of this dividend was Thursday, November 14th. Octopus Renewables Infrastructure Trust's dividend payout ratio is currently 20,000.00%.
Octopus Renewables Infrastructure Trust Company Profile
(
Get Free Report)
Octopus Renewables Infrastructure Trust plc operates as a closed end investment company in Europe and Australia. The company also focuses on building and operating a diversified portfolio of renewable energy assets. As of December 31, 2022, it owned a portfolio of 36 renewable energy assets covering the operational capacity of 662 MW.
See Also
Before you consider Octopus Renewables Infrastructure Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Octopus Renewables Infrastructure Trust wasn't on the list.
While Octopus Renewables Infrastructure Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.