The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report)'s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 79.60 ($0.97) and last traded at GBX 82.10 ($1.00), with a volume of 5319582 shares trading hands. The stock had previously closed at GBX 80.30 ($0.98).
The Renewables Infrastructure Group Stock Down 1.3 %
The company has a 50-day moving average of GBX 88.33 and a 200 day moving average of GBX 96.29. The stock has a market capitalization of £2.01 billion, a PE ratio of -8,100.00 and a beta of 0.22.
The Renewables Infrastructure Group Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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 payout ratio is currently -70,000.00%.
Insider Activity
In other news, insider Richard Morse acquired 48,365 shares of The Renewables Infrastructure Group stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average price of GBX 83 ($1.02) per share, with a total value of £40,142.95 ($49,122.55). Corporate insiders own 0.08% of the company's stock.
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.
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