Octopus Renewables Infrastructure Trust (LON:ORIT) Trading Down 2.5% – What’s Next?

Octopus Renewables Infrastructure Trust plc (LON:ORITGet Free Report)’s stock price was down 2.5% on Thursday . The company traded as low as GBX 55.30 and last traded at GBX 55.30. Approximately 2,166,601 shares traded 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 business’s 50-day moving average is GBX 58.45 and its 200-day moving average is GBX 62.99. The company has a market capitalization of £290.69 million, a PE ratio of -77.61 and a beta of 0.15.

Octopus Renewables Infrastructure Trust Company Profile

(Get Free Report)

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.

Further Reading

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