Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 62.70 ($0.81) and last traded at GBX 63.60 ($0.82), with a volume of 1549300 shares traded. The stock had previously closed at GBX 64.60 ($0.84).
Octopus Renewables Infrastructure Trust Price Performance
The firm has a market capitalization of £353.17 million, a price-to-earnings ratio of 19.46 and a beta of 0.15. The business has a 50 day moving average of GBX 65.82 and a 200 day moving average of GBX 71.65.
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.
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