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

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

Harmony Energy Income Trust Stock Performance

Shares of Harmony Energy Income Trust stock traded up GBX 2.30 ($0.03) 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. The business’s 50-day moving average price is GBX 63.47 and its two-hundred day moving average price is GBX 56.15. The stock has a market cap of £149.79 million, a P/E ratio of -4.40 and a beta of 0.20. Harmony Energy Income Trust has a fifty-two week low of GBX 31.25 ($0.40) and a fifty-two week high of GBX 67.39 ($0.85).

Harmony Energy Income Trust Company Profile

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.