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LON:ORIT

Octopus Renewables Infrastructure Trust (ORIT) Share Price, News & Analysis

Octopus Renewables Infrastructure Trust logo
GBX 66.50 +0.30 (+0.45%)
(As of 12/20/2024 11:48 AM ET)

About Octopus Renewables Infrastructure Trust Stock (LON:ORIT)

Key Stats

Today's Range
65.10
67
50-Day Range
63.60
79.60
52-Week Range
63
91.10
Volume
719,584 shs
Average Volume
1.30 million shs
Market Capitalization
£373.68 million
P/E Ratio
2,216.67
Dividend Yield
9.02%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The company was incorporated in 2019 and is based in London, the United Kingdom.

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ORIT Stock News Headlines

Octopus Renewables Adjusts Shareholding with Buyback
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
See More Headlines

ORIT Stock Analysis - Frequently Asked Questions

Octopus Renewables Infrastructure Trust's stock was trading at GBX 90 on January 1st, 2024. Since then, ORIT stock has decreased by 26.1% and is now trading at GBX 66.50.
View the best growth stocks for 2024 here
.

Shares of ORIT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Octopus Renewables Infrastructure Trust investors own include 888 (888), Intel (INTC), AT&T (T), Digital Turbine (APPS), AutoZone (AZO), Bank of America (BAC) and Barclays (BARC).

Company Calendar

Ex-Dividend for 11/29 Dividend
11/14/2024
Dividend Payable
11/29/2024
Today
12/21/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
£18.47 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£25.30 million
Cash Flow
GBX 2.97 per share
Book Value
GBX 105 per share

Miscellaneous

Free Float
N/A
Market Cap
£373.68 million
Optionable
Not Optionable
Beta
0.15
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This page (LON:ORIT) was last updated on 12/21/2024 by MarketBeat.com Staff
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