The Renewables Infrastructure Group (LON:TRIG) Hits New 12-Month Low – Here’s What Happened

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 72.17 ($0.93) and last traded at GBX 72.21 ($0.93), with a volume of 4712367 shares. The stock had previously closed at GBX 73.50 ($0.95).

The Renewables Infrastructure Group Trading Down 1.4 %

The business has a fifty day moving average of GBX 79.62 and a 200-day moving average of GBX 90.74. The company has a market cap of £1.78 billion, a PE ratio of -47.79 and a beta of 0.22.

Insider Transactions at The Renewables Infrastructure Group

In related news, insider Richard Morse purchased 48,365 shares of The Renewables Infrastructure Group stock in a transaction that occurred on Friday, December 20th. The shares were bought at an average price of GBX 83 ($1.07) per share, for a total transaction of £40,142.95 ($51,730.61). Corporate insiders own 0.08% of the company’s stock.

The Renewables Infrastructure Group Company Profile

(Get Free Report)

TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future.

TRIG’s diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe.

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