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

The Renewables Infrastructure Group logo with Financial Services background

Shares of The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 79.45 ($0.98) and last traded at GBX 79.90 ($0.99), with a volume of 2800972 shares traded. The stock had previously closed at GBX 81 ($1.00).

The Renewables Infrastructure Group Stock Down 1.4 %

The firm has a 50 day moving average price of GBX 87.31 and a 200-day moving average price of GBX 95.93. The stock has a market capitalization of £1.98 billion, a PE ratio of -7,990.00 and a beta of 0.22.

The Renewables Infrastructure Group Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 14th were issued a GBX 1.87 ($0.02) dividend. The ex-dividend date was Thursday, November 14th. This represents a dividend yield of 1.98%. The Renewables Infrastructure Group's dividend payout ratio is presently -70,000.00%.

Insider Buying and Selling at The Renewables Infrastructure Group

In other news, insider Richard Morse acquired 48,365 shares of the company's stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of GBX 83 ($1.02) per share, with a total value of £40,142.95 ($49,498.09). 0.08% of the stock is currently owned by company 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.

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