Octopus Renewables Infrastructure Trust (LON:ORIT) Releases Quarterly Earnings Results

Octopus Renewables Infrastructure Trust (LON:ORIT) announced its quarterly earnings data on Thursday. The company reported GBX 6.55 ($0.08) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Octopus Renewables Infrastructure Trust had a net margin of 62.83% and a return on equity of 3.10%.

Octopus Renewables Infrastructure Trust Stock Down 1.6 %

Octopus Renewables Infrastructure Trust stock opened at GBX 62.95 ($0.81) on Friday. Octopus Renewables Infrastructure Trust has a 52-week low of GBX 62.43 ($0.81) and a 52-week high of GBX 80.76 ($1.05). The firm has a fifty day moving average of GBX 65.40 and a 200-day moving average of GBX 70.63. The firm has a market capitalization of £349.56 million, a P/E ratio of 19.26 and a beta of 0.15.

Octopus Renewables Infrastructure Trust Company Profile

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.