The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 75.81 ($0.98) and traded as high as GBX 76.10 ($0.98). The Renewables Infrastructure Group shares last traded at GBX 75.25 ($0.97), with a volume of 51,800,387 shares changing hands.
The Renewables Infrastructure Group Trading Up 0.4 %
The stock has a 50-day moving average price of GBX 75.70 and a two-hundred day moving average price of GBX 87.24. The stock has a market cap of £1.85 billion, a price-to-earnings ratio of -49.57 and a beta of 0.22.
Insiders Place Their Bets
In related news, insider Erna-Maria Trixl acquired 13,650 shares of the company’s stock in a transaction dated Thursday, March 20th. The shares were purchased at an average cost of GBX 73 ($0.94) per share, with a total value of £9,964.50 ($12,897.36). Corporate 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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