Octopus Renewables Infrastructure Trust (LON:ORIT) Releases Earnings Results

Octopus Renewables Infrastructure Trust (LON:ORIT) posted its earnings results on Thursday. The company reported GBX 6.55 ($0.08) earnings per share for the quarter, Digital Look Earnings reports. Octopus Renewables Infrastructure Trust had a net margin of 62.83% and a return on equity of 3.10%.

Octopus Renewables Infrastructure Trust Trading Down 1.6 %

LON:ORIT opened at GBX 62.95 ($0.81) on Friday. The stock has a market capitalization of £349.56 million, a price-to-earnings ratio of 19.26 and a beta of 0.15. The firm has a fifty day simple moving average of GBX 65.40 and a two-hundred day simple moving average of GBX 70.63. Octopus Renewables Infrastructure Trust has a 12 month low of GBX 62.43 ($0.81) and a 12 month high of GBX 80.76 ($1.05).

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.