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The Renewables Infrastructure Group (LON:TRIG) Stock Price Passes Above Fifty Day Moving Average - Here's Why

The Renewables Infrastructure Group logo with Financial Services background

The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 82.02 ($1.12) and traded as high as GBX 89.30 ($1.22). The Renewables Infrastructure Group shares last traded at GBX 89.30 ($1.22), with a volume of 4,504,774 shares.

The Renewables Infrastructure Group Stock Performance

The firm has a fifty day moving average of GBX 82.02 and a two-hundred day moving average of GBX 79.40. The company has a market cap of £2.19 billion, a PE ratio of -58.86 and a beta of 0.22.

The Renewables Infrastructure Group Company Profile

(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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