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

The Renewables Infrastructure Group logo with Financial Services background
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Shares of The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 76.70 ($0.96) and last traded at GBX 76.70 ($0.96), with a volume of 3294223 shares traded. The stock had previously closed at GBX 79.80 ($1.00).

The Renewables Infrastructure Group Price Performance

The company has a market cap of £1.88 billion, a P/E ratio of -50.43 and a beta of 0.22. The stock's 50-day moving average price is GBX 82.49 and its 200-day moving average price is GBX 93.18.

Insider Buying and Selling

In other The Renewables Infrastructure Group news, insider Richard Morse bought 48,365 shares of the firm's stock in a transaction on Friday, December 20th. The shares were purchased at an average price of GBX 83 ($1.04) per share, for a total transaction of £40,142.95 ($50,500.63). 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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