The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 72.40 ($0.91) and last traded at GBX 73.70 ($0.93), with a volume of 6282625 shares trading hands. The stock had previously closed at GBX 73.60 ($0.93).
The Renewables Infrastructure Group Stock Performance
The firm has a market cap of £1.82 billion, a PE ratio of -48.78 and a beta of 0.22. The company has a 50 day simple moving average of GBX 80.42 and a two-hundred day simple moving average of GBX 91.48.
Insiders Place Their Bets
In other news, insider Richard Morse bought 48,365 shares of The Renewables Infrastructure Group stock in a transaction on Friday, December 20th. The stock was acquired at an average price of GBX 83 ($1.05) per share, with a total value of £40,142.95 ($50,596.11). 0.08% of the stock is currently owned by company insiders.
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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