HASI moving downwards as market slumps

Shares of Hannon Armstrong Sustainable IN (HASI) are trading -5% lower at a price of $39.925 at the time of this writing. The stock is lagging behind peers on a somewhat melancholic day for the Financials sector.

There was no clear catalyst for the downward move as of this writing, other than a generally bleak day for equities as the broader market sells off.

Hannon Armstrong Sustainable IN has been trading between a 52-week high of $64.57 and a 52-week low of $28.68. The stock has a market cap of $3.47 Billion.

Hannon Armstrong is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $7 billion in managed assets as of December 31, 2020, Hannon Armstrong's core purpose is to make climate-positive investments with superior risk-adjusted returns.