Octopus Renewables Infrastructure Trust (LON:ORIT) Reaches New 12-Month Low – Here’s What Happened

Octopus Renewables Infrastructure Trust plc (LON:ORITGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 62.70 ($0.81) and last traded at GBX 63.60 ($0.82), with a volume of 1549300 shares traded. The stock had previously closed at GBX 64.60 ($0.84).

Octopus Renewables Infrastructure Trust Stock Up 0.6 %

The company has a market cap of £354.28 million, a P/E ratio of 19.52 and a beta of 0.15. The company’s 50-day moving average is GBX 65.64 and its two-hundred day moving average is GBX 71.49.

Octopus Renewables Infrastructure Trust Company Profile

(Get Free Report)

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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