Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report) dropped 0.6% on Thursday . The stock traded as low as GBX 62.50 and last traded at GBX 62.50. Approximately 698,224 shares were traded during trading, a decline of 57% from the average daily volume of 1,606,049 shares. The stock had previously closed at GBX 62.90.
Octopus Renewables Infrastructure Trust Stock Performance
The company has a market cap of £329.74 million, a price-to-earnings ratio of -14.78 and a beta of 0.26. The business has a 50-day simple moving average of GBX 62.70 and a 200-day simple moving average of GBX 59.09.
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.
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