Octopus Renewables Infrastructure Trust (LON:ORIT) Shares Down 1% – Time to Sell?

Octopus Renewables Infrastructure Trust plc (LON:ORIT)’s share price dropped 1% during trading on Tuesday . The company traded as low as GBX 67.50 ($0.84) and last traded at GBX 67.50 ($0.84). Approximately 562,525 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 1,063,088 shares. The stock had previously closed at GBX 68.20 ($0.85).

Octopus Renewables Infrastructure Trust Trading Down 1.0 %

The firm has a market cap of £379.30 million, a PE ratio of 2,250.00 and a beta of 0.15. The company has a 50 day moving average price of GBX 66.62 and a 200 day moving average price of GBX 73.24.

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.