Harmony Energy Income Trust (LON:HEIT) Shares Up 4.4% – Here’s What Happened

Harmony Energy Income Trust Plc (LON:HEITGet Free Report) shares shot up 4.4% during trading on Wednesday . The stock traded as high as GBX 64 ($0.79) and last traded at GBX 63.60 ($0.79). 476,175 shares changed hands during trading, an increase of 32% from the average session volume of 359,940 shares. The stock had previously closed at GBX 60.90 ($0.76).

Harmony Energy Income Trust Stock Performance

The business has a 50-day simple moving average of GBX 62.33 and a two-hundred day simple moving average of GBX 55.10. The company has a market capitalization of £145.93 million, a price-to-earnings ratio of -494.23 and a beta of 0.20.

About Harmony Energy Income Trust

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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.

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