Downing Renewables & Infrastructure (LON:DORE) Stock Price Down 0.2% – Time to Sell?

Downing Renewables & Infrastructure (LON:DORE) traded down 0.2% during mid-day trading on Friday . The company traded as low as GBX 87.03 ($1.08) and last traded at GBX 88.80 ($1.10). 167,482 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 244,517 shares. The stock had previously closed at GBX 89 ($1.10).

Downing Renewables & Infrastructure Trading Down 0.2 %

The stock has a market capitalization of £162.42 million and a P/E ratio of 1,480.00. The business has a 50-day moving average price of GBX 80.50 and a two-hundred day moving average price of GBX 80.63.

Downing Renewables & Infrastructure Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 28th were given a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date was Thursday, November 28th. This represents a yield of 1.77%. Downing Renewables & Infrastructure’s dividend payout ratio is currently 8,333.33%.

About Downing Renewables & Infrastructure

Downing Renewables & Infrastructure Trust PLC (DORE) is a renewable energy and infrastructure trust designed to deliver stable and sustainable returns through diversification across technology, geography and project stage. It has a diversified portfolio of renewable energy generating assets and other infrastructure assets across the UK, Ireland and Northern Europe.