The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 75.09 ($0.98) and traded as low as GBX 71.54 ($0.94). The Renewables Infrastructure Group shares last traded at GBX 72.60 ($0.95), with a volume of 7,529,912 shares traded.
The Renewables Infrastructure Group Price Performance
The stock has a 50-day moving average of GBX 74.95 and a 200 day moving average of GBX 85.19. The company has a market cap of £1.89 billion, a P/E ratio of -50.69 and a beta of 0.22.
The Renewables Infrastructure Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, April 18th. Stockholders of record on Thursday, April 10th will be given a GBX 0.55 ($0.01) dividend. This represents a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, April 10th. The Renewables Infrastructure Group's payout ratio is presently -461.42%.
Insider Buying and Selling
In other The Renewables Infrastructure Group news, insider Erna-Maria Trixl bought 13,650 shares of the stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of GBX 73 ($0.96) per share, with a total value of £9,964.50 ($13,042.54). 0.08% of the stock is currently owned by company insiders.
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.
Recommended 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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
