The Renewables Infrastructure Group (LON:TRIG) Hits New 12-Month Low – Here’s Why

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 67.40 and last traded at GBX 68.90, with a volume of 3007536 shares changing hands. The stock had previously closed at GBX 69.

The Renewables Infrastructure Group Price Performance

The stock has a market cap of £1.64 billion, a PE ratio of -7.80 and a beta of 0.22. The stock has a 50-day simple moving average of GBX 73.92 and a 200-day simple moving average of GBX 78.96.

The Renewables Infrastructure Group Company Profile

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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.

Further Reading

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