Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report)’s share price dropped 2.5% during trading on Thursday . The stock traded as low as GBX 55.30 and last traded at GBX 55.30. Approximately 2,166,601 shares changed hands during mid-day trading, an increase of 14% from the average daily volume of 1,898,267 shares. The stock had previously closed at GBX 56.70.
Octopus Renewables Infrastructure Trust Stock Performance
The company has a fifty day moving average of GBX 58.50 and a two-hundred day moving average of GBX 63.13. The firm has a market capitalization of £291.75 million, a price-to-earnings ratio of -77.89 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.
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