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

Octopus Renewables Infrastructure Trust (LON:ORIT) announced its quarterly earnings data on Tuesday. The company reported GBX 6.92 earnings per share for the quarter, Digital Look Earnings reports. Octopus Renewables Infrastructure Trust had a negative net margin of 17.63% and a negative return on equity of 0.72%.

Octopus Renewables Infrastructure Trust Stock Performance

ORIT stock opened at GBX 57.44 on Tuesday. The firm has a market cap of £303.02 million, a P/E ratio of -80.90 and a beta of 0.22. The firm’s fifty day moving average is GBX 56.30 and its 200 day moving average is GBX 59.14. Octopus Renewables Infrastructure Trust has a 52 week low of GBX 52.60 and a 52 week high of GBX 76.70.

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.