Harmony Energy Income Trust (LON:HEIT) Posts Earnings Results

Harmony Energy Income Trust (LON:HEIT) released its earnings results on Wednesday. The company reported GBX (25) (($0.32)) earnings per share for the quarter, Digital Look Earnings reports. Harmony Energy Income Trust had a net margin of 106.46% and a negative return on equity of 14.61%.

Harmony Energy Income Trust Stock Up 3.6 %

Shares of HEIT stock traded up GBX 2.30 ($0.03) during mid-day trading on Wednesday, reaching GBX 66 ($0.84). The stock had a trading volume of 776,246 shares, compared to its average volume of 356,707. Harmony Energy Income Trust has a one year low of GBX 31.25 ($0.40) and a one year high of GBX 67.39 ($0.85). The firm has a market cap of £149.79 million, a PE ratio of -4.40 and a beta of 0.20. The firm’s 50 day simple moving average is GBX 63.47 and its 200 day simple moving average is GBX 56.15.

About Harmony Energy Income Trust

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.