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

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 76.70 ($0.97) and last traded at GBX 76.70 ($0.97), with a volume of 3294223 shares changing hands. The stock had previously closed at GBX 79.80 ($1.00).

The Renewables Infrastructure Group Stock Down 0.8 %

The stock’s 50-day moving average is GBX 82.49 and its 200-day moving average is GBX 93.18. The firm has a market cap of £1.87 billion, a P/E ratio of -50.16 and a beta of 0.22.

Insider Transactions at The Renewables Infrastructure Group

In other The Renewables Infrastructure Group news, insider Richard Morse bought 48,365 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were bought at an average price of GBX 83 ($1.04) per share, for a total transaction of £40,142.95 ($50,526.05). 0.08% of the stock is owned by insiders.

About The Renewables Infrastructure Group

(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.

See Also

Receive News & Ratings for The Renewables Infrastructure Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Renewables Infrastructure Group and related companies with MarketBeat.com's FREE daily email newsletter.