The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 75 ($0.95) and last traded at GBX 75.50 ($0.95), with a volume of 4000153 shares trading hands. The stock had previously closed at GBX 76.50 ($0.97).
The Renewables Infrastructure Group Stock Performance
The company has a 50 day moving average price of GBX 82.27 and a 200 day moving average price of GBX 93. The company has a market capitalization of £1.85 billion, a price-to-earnings ratio of -49.58 and a beta of 0.22.
Insider Activity at The Renewables Infrastructure Group
In other news, insider Richard Morse bought 48,365 shares of the company’s stock in a transaction on Friday, December 20th. The shares were purchased at an average price of GBX 83 ($1.05) per share, with a total value of £40,142.95 ($50,640.78). 0.08% of the stock is owned by 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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