Harmony Energy Income Trust (LON:HEIT) Sets New 12-Month High – What’s Next?

Harmony Energy Income Trust Plc (LON:HEITGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 67.39 ($0.85) and last traded at GBX 65.80 ($0.83), with a volume of 544197 shares. The stock had previously closed at GBX 63.70 ($0.81).

Harmony Energy Income Trust Trading Up 3.3 %

The stock has a 50-day simple moving average of GBX 63.47 and a 200 day simple moving average of GBX 56.15. The stock has a market capitalization of £149.33 million, a price-to-earnings ratio of -4.38 and a beta of 0.20.

Harmony Energy Income Trust (LON:HEITGet Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported GBX (25) (($0.32)) EPS for the quarter. Harmony Energy Income Trust had a net margin of 106.46% and a negative return on equity of 14.61%.

Harmony Energy Income Trust Company Profile

(Get Free Report)

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.

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