The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 76.70 ($0.95) and last traded at GBX 76.70 ($0.95), with a volume of 3294223 shares changing hands. The stock had previously closed at GBX 79.80 ($0.99).
The Renewables Infrastructure Group Trading Down 3.9 %
The firm’s fifty day moving average price is GBX 83 and its 200-day moving average price is GBX 93.50. The firm has a market cap of £1.90 billion, a price-to-earnings ratio of -7,670.00 and a beta of 0.22.
Insider Activity
In related news, insider Richard Morse bought 48,365 shares of the stock in a transaction dated Friday, December 20th. The stock was acquired at an average price of GBX 83 ($1.03) per share, for a total transaction of £40,142.95 ($49,966.33). Company insiders own 0.08% of the company’s stock.
The Renewables Infrastructure Group Company Profile
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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