The Renewables Infrastructure Group (LON:TRIG) Sets New 52-Week Low – Here’s What Happened

The Renewables Infrastructure Group Limited (LON:TRIGGet 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

(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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