Octopus Renewables Infrastructure Trust’s (ORIT) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Octopus Renewables Infrastructure Trust (LON:ORIT) in a research report released on Tuesday,Digital Look reports.

Octopus Renewables Infrastructure Trust Stock Performance

Shares of Octopus Renewables Infrastructure Trust stock opened at GBX 61.20 on Tuesday. The company has a 50-day simple moving average of GBX 63.31 and a two-hundred day simple moving average of GBX 59.48. The stock has a market capitalization of £322.88 million, a PE ratio of -14.47 and a beta of 0.26. Octopus Renewables Infrastructure Trust has a 52-week low of GBX 52.60 and a 52-week high of GBX 72.

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.