The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 72.40 ($0.91) and last traded at GBX 73.70 ($0.93), with a volume of 6282625 shares. The stock had previously closed at GBX 73.60 ($0.93).
The Renewables Infrastructure Group Stock Performance
The company has a market cap of £1.83 billion, a PE ratio of -49.17 and a beta of 0.22. The company has a 50 day simple moving average of GBX 81 and a two-hundred day simple moving average of GBX 92.01.
Insider Buying and Selling
In related news, insider Richard Morse purchased 48,365 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were acquired at an average cost of GBX 83 ($1.05) per share, with a total value of £40,142.95 ($50,659.96). 0.08% of the stock is currently owned by corporate insiders.
About The Renewables Infrastructure Group
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.
Recommended Stories
- Five stocks we like better than The Renewables Infrastructure Group
- Top Stocks Investing in 5G Technology
- Finding Hidden Gems: Unconventional Penny Stock Investing
- Short Selling – The Pros and Cons
- Price Targets on NVIDIA Rise in Front of Earnings
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Receive News & Ratings for The Renewables Infrastructure Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Renewables Infrastructure Group and related companies with MarketBeat.com's FREE daily email newsletter.