The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report)'s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 76.46 ($1.02) and traded as high as GBX 78.40 ($1.05). The Renewables Infrastructure Group shares last traded at GBX 76.50 ($1.02), with a volume of 3,898,253 shares trading hands.
The Renewables Infrastructure Group Stock Performance
The stock has a market cap of £1.89 billion, a PE ratio of -50.68 and a beta of 0.22. The company's 50 day simple moving average is GBX 76.57 and its 200 day simple moving average is GBX 81.17.
The Renewables Infrastructure Group Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, April 18th. Shareholders of record on Thursday, April 10th were paid a GBX 0.55 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 2.08%. The Renewables Infrastructure Group's dividend payout ratio (DPR) is -461.42%.
Insider Buying and Selling at The Renewables Infrastructure Group
In related news, insider Erna-Maria Trixl bought 13,650 shares of The Renewables Infrastructure Group stock in a transaction dated Thursday, March 20th. The stock was purchased at an average cost of GBX 73 ($0.98) per share, with a total value of £9,964.50 ($13,309.07). Company 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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