Octopus Renewables Infrastructure Trust plc (LON:ORIT – Get Free Report) shares were up 1.9% during mid-day trading on Thursday . The stock traded as high as GBX 64 and last traded at GBX 63.30. 1,256,688 shares were traded during trading, a decline of 18% from the average session volume of 1,533,740 shares. The stock had previously closed at GBX 62.10.
Octopus Renewables Infrastructure Trust Price Performance
The stock’s 50-day moving average is GBX 63.21 and its 200-day moving average is GBX 59.38. The stock has a market cap of £333.96 million, a price-to-earnings ratio of -14.96 and a beta of 0.26.
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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