Harmony Energy Income Trust (LON:HEIT) Announces Quarterly Earnings Results

Harmony Energy Income Trust (LON:HEIT) released 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 Price Performance

Harmony Energy Income Trust stock traded down GBX 0.53 ($0.01) during mid-day trading on Friday, reaching GBX 65.28 ($0.82). The company had a trading volume of 184,430 shares, compared to its average volume of 345,124. The stock’s 50-day simple moving average is GBX 63.56 and its 200-day simple moving average is GBX 56.25. The company has a market capitalization of £148.14 million, a P/E ratio of -4.35 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.