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

Harmony Energy Income Trust (LON:HEIT) announced its quarterly earnings results on Wednesday. The company reported GBX (25) (($0.32)) EPS 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 Trading Down 0.6 %

Shares of LON:HEIT traded down GBX 0.40 ($0.01) on Friday, reaching GBX 65.40 ($0.82). 190,430 shares of the company traded hands, compared to its average volume of 345,267. Harmony Energy Income Trust has a 52 week low of GBX 31.25 ($0.39) and a 52 week high of GBX 67.39 ($0.85). The business’s 50-day simple moving average is GBX 63.57 and its 200 day simple moving average is GBX 56.35. The stock has a market capitalization of £148.43 million, a P/E ratio of -4.36 and a beta of 0.20.

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.