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

Harmony Energy Income Trust (LON:HEIT) released its earnings results on Wednesday. The company reported GBX (25) (($0.32)) earnings per share (EPS) 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 Trading Up 3.7 %

LON:HEIT traded up GBX 2.35 ($0.03) during mid-day trading on Wednesday, reaching GBX 66.05 ($0.84). 780,246 shares of the stock were exchanged, compared to its average volume of 356,807. The business has a fifty day moving average price of GBX 63.47 and a 200 day moving average price of GBX 56.15. The firm has a market capitalization of £149.90 million, a PE ratio of -4.40 and a beta of 0.20. Harmony Energy Income Trust has a 1-year low of GBX 31.25 ($0.40) and a 1-year high of GBX 67.39 ($0.85).

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.