Downing Renewables & Infrastructure (LON:DORE) Trading Down 0.6% – Time to Sell?

Downing Renewables & Infrastructure (LON:DORE) fell 0.6% during mid-day trading on Thursday . The stock traded as low as GBX 79.60 ($0.97) and last traded at GBX 80 ($0.98). 81,732 shares traded hands during trading, a decline of 52% from the average session volume of 171,004 shares. The stock had previously closed at GBX 80.50 ($0.98).

Downing Renewables & Infrastructure Trading Up 1.6 %

The firm has a fifty day moving average of GBX 79.65 and a two-hundred day moving average of GBX 79.89. The company has a market capitalization of £149.25 million and a PE ratio of 1,360.00.

Downing Renewables & Infrastructure Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 28th were issued a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 28th. This represents a yield of 1.77%. Downing Renewables & Infrastructure’s dividend payout ratio is presently 8,333.33%.

Downing Renewables & Infrastructure Company Profile

Downing Renewables & Infrastructure Trust PLC focuses on investing in a portfolio of renewable energy generating assets in the United Kingdom, Ireland, and Northern Europe. Its portfolio of assets cover wind, solar, hydro, geothermal, and other infrastructure assets. The company was formerly known as DR&I Trust PLC and changed its name to Downing Renewables & Infrastructure Trust PLC on October 22, 2020.