The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 77.98 ($1.06) and traded as high as GBX 81.70 ($1.11). The Renewables Infrastructure Group shares last traded at GBX 81.06 ($1.10), with a volume of 3,287,689 shares changing hands.
The Renewables Infrastructure Group Stock Performance
The business's 50 day simple moving average is GBX 78.11 and its 200-day simple moving average is GBX 79.98. The stock has a market capitalization of £2.00 billion, a price-to-earnings ratio of -53.86 and a beta of 0.22.
The Renewables Infrastructure Group Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, April 18th. Stockholders of record on Thursday, April 10th were paid a GBX 0.55 ($0.01) dividend. This represents a dividend yield of 2.08%. The ex-dividend date was Thursday, April 10th. The Renewables Infrastructure Group's dividend payout ratio is currently -461.42%.
Insider Transactions at The Renewables Infrastructure Group
In other The Renewables Infrastructure Group news, insider Erna-Maria Trixl purchased 13,650 shares of the firm's stock in a transaction on Thursday, March 20th. The shares were purchased at an average price of GBX 73 ($0.99) per share, for a total transaction of £9,964.50 ($13,503.86). Company insiders own 0.08% of the company's stock.
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.
Featured Stories
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
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
