Harmony Energy Income Trust (LON:HEIT) Announces Quarterly Earnings Results

Harmony Energy Income Trust (LON:HEIT) posted its quarterly 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 negative return on equity of 14.61% and a net margin of 106.46%.

Harmony Energy Income Trust Stock Performance

Shares of HEIT traded down GBX 0.20 ($0.00) during trading hours on Friday, hitting GBX 65.60 ($0.83). The stock had a trading volume of 231,429 shares, compared to its average volume of 346,243. Harmony Energy Income Trust has a 12-month low of GBX 31.25 ($0.39) and a 12-month high of GBX 67.39 ($0.85). The firm has a market cap of £148.88 million, a P/E ratio of -4.37 and a beta of 0.20. The company’s fifty day simple moving average is GBX 63.57 and its 200 day simple moving average is GBX 56.35.

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.