|Bid||4.6500 x 12395500|
|Ask||4.6600 x 4824600|
|Day's range||4.6500 - 4.7200|
|52-week range||3.9900 - 6.4800|
|Beta (5Y monthly)||1.59|
|PE ratio (TTM)||N/A|
|Earnings date||18 Feb 2021|
|Forward dividend & yield||0.23 (4.75%)|
|Ex-dividend date||03 Mar 2021|
|1y target est||9.07|
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The U.K.’s Octopus Energy has attained a $2.06 billion valuation (£1.5 billion) after attracting a $200 million (£150 million) investment from Tokyo Gas, for a 9.7% stake, in order to launch a joint venture. Octopus will own 30% of the venture, with Tokyo Gas owning the majority. After five years of operation, Octopus is now close to the valuation of British Gas owner Centrica.