Shares of The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 74.87 ($1.00) and traded as high as GBX 78.80 ($1.05). The Renewables Infrastructure Group shares last traded at GBX 78 ($1.04), with a volume of 4,532,816 shares traded.
The Renewables Infrastructure Group Stock Down 1.5 %
The firm has a market capitalization of £1.91 billion, a price-to-earnings ratio of -51.28 and a beta of 0.22. The stock has a 50 day moving average of GBX 74.80 and a 200 day moving average of GBX 84.40.
The Renewables Infrastructure Group Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, April 18th. Stockholders of record on Thursday, April 10th were given a GBX 0.55 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, April 10th. This represents a dividend yield of 2.08%. The Renewables Infrastructure Group's payout ratio is -461.42%.
Insider Activity at The Renewables Infrastructure Group
In other The Renewables Infrastructure Group news, insider Erna-Maria Trixl acquired 13,650 shares of the stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average price of GBX 73 ($0.97) per share, with a total value of £9,964.50 ($13,248.90). 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.
Featured Articles
Before you consider The Renewables Infrastructure Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Renewables Infrastructure Group wasn't on the list.
While The Renewables Infrastructure Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
