Octopus Renewables Infrastructure Trust (LON:ORIT) Stock Price Down 0.4% – Here’s Why

Octopus Renewables Infrastructure Trust plc (LON:ORITGet Free Report) shares fell 0.4% on Friday . The stock traded as low as GBX 73.21 ($1.00) and last traded at GBX 73.50 ($1.00). 1,108,586 shares traded hands during trading, a decline of 6% from the average session volume of 1,185,552 shares. The stock had previously closed at GBX 73.80 ($1.01).

Octopus Renewables Infrastructure Trust Price Performance

The firm has a market cap of £408.14 million, a price-to-earnings ratio of 22.49 and a beta of 0.15. The firm’s 50 day moving average price is GBX 72.34 and its two-hundred day moving average price is GBX 67.93.

Octopus Renewables Infrastructure Trust Company Profile

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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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