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

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

Octopus Renewables Infrastructure Trust Trading Up 3.3 %

LON ORIT traded up GBX 2.10 ($0.03) on Thursday, hitting GBX 65.60 ($0.84). 4,124,456 shares of the company were exchanged, compared to its average volume of 1,180,064. The company has a market cap of £364.27 million, a P/E ratio of 20.07 and a beta of 0.15. Octopus Renewables Infrastructure Trust has a 1-year low of GBX 62.43 ($0.80) and a 1-year high of GBX 80.76 ($1.04). The firm has a 50 day moving average of GBX 65.40 and a two-hundred day moving average of GBX 70.73.

About Octopus Renewables Infrastructure Trust

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.