The Renewables Infrastructure Group (LON:TRIG) Sets New 12-Month Low – Time to Sell?

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 70.80 ($0.92) and last traded at GBX 71.90 ($0.93), with a volume of 4866958 shares traded. The stock had previously closed at GBX 71.20 ($0.92).

The Renewables Infrastructure Group Stock Performance

The firm has a fifty day moving average price of GBX 77.95 and a 200 day moving average price of GBX 89.51. The firm has a market capitalization of £1.74 billion, a price-to-earnings ratio of -46.80 and a beta of 0.22.

Insider Activity

In other The Renewables Infrastructure Group news, insider Richard Morse purchased 48,365 shares of The Renewables Infrastructure Group stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of GBX 83 ($1.07) per share, with a total value of £40,142.95 ($51,924.65). Insiders own 0.08% of the company’s stock.

The Renewables Infrastructure Group Company Profile

(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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