The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 87.80 ($1.12) and last traded at GBX 89.90 ($1.14), with a volume of 507041 shares trading hands. The stock had previously closed at GBX 89.40 ($1.14).
Analyst Ratings Changes
Separately, Royal Bank of Canada decreased their target price on The Renewables Infrastructure Group from GBX 135 ($1.71) to GBX 130 ($1.65) and set an "outperform" rating on the stock in a report on Tuesday, August 13th.
Check Out Our Latest Analysis on TRIG
The Renewables Infrastructure Group Price Performance
The company has a market capitalization of £2.20 billion, a P/E ratio of -8,924.70 and a beta of 0.22. The company's 50-day moving average price is GBX 97.08 and its two-hundred day moving average price is GBX 99.14.
The Renewables Infrastructure Group Dividend Announcement
The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, November 14th will be issued a GBX 1.87 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a yield of 1.98%. The Renewables Infrastructure Group's dividend payout ratio is currently -70,000.00%.
About The Renewables Infrastructure Group
(
Get Free Report)
The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar photovoltaic parks. It seeks to invest in United Kingdom and Northern European countries including France, Ireland, Germany and Scandinavia.
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