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The Renewables Infrastructure Group (LON:TRIG) Reaches New 1-Year Low - Time to Sell?

The Renewables Infrastructure Group logo with Financial Services background

The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 82 ($1.02) and last traded at GBX 82.60 ($1.03), with a volume of 6063874 shares traded. The stock had previously closed at GBX 84 ($1.05).

The Renewables Infrastructure Group Price Performance

The firm has a 50 day moving average price of GBX 89.54 and a 200-day moving average price of GBX 96.71. The firm has a market capitalization of £2.04 billion, a price-to-earnings ratio of -8,240.00 and a beta of 0.22.

The Renewables Infrastructure Group Announces Dividend

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

Insider Transactions at The Renewables Infrastructure Group

In other news, insider Richard Morse bought 48,365 shares of the stock in a transaction on Friday, December 20th. The shares were bought at an average price of GBX 83 ($1.04) per share, with a total value of £40,142.95 ($50,078.53). Corporate insiders own 0.08% of the company's stock.

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.

Further Reading

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