Harmony Energy Income Trust (LON:HEIT) Releases Earnings Results

Harmony Energy Income Trust (LON:HEIT) issued its earnings results on Wednesday. The company reported GBX (25) (($0.32)) EPS for the quarter, Digital Look Earnings reports. Harmony Energy Income Trust had a net margin of 106.46% and a negative return on equity of 14.61%.

Harmony Energy Income Trust Trading Down 0.3 %

LON HEIT traded down GBX 0.20 ($0.00) on Friday, hitting GBX 65.60 ($0.83). 231,429 shares of the company’s stock traded hands, compared to its average volume of 346,243. The firm’s 50-day moving average price is GBX 63.57 and its two-hundred day moving average price is GBX 56.35. The firm has a market capitalization of £148.88 million, a PE ratio of -4.37 and a beta of 0.20. Harmony Energy Income Trust has a 1-year low of GBX 31.25 ($0.39) and a 1-year high of GBX 67.39 ($0.85).

Harmony Energy Income Trust Company Profile

The Harmony Energy Income Trust (‘HEIT’) is a “pure play” battery energy storage systems (BESS) owner and operator with an exclusive focus on 2-hour duration BESS in GB. It was launched on the London Stock Exchange in November 2021. It currently holds 494.4MW / 988.8 MWh of BESS projects spread across Great Britain.