The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report)'s share price passed 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 Price Performance
The business's 50-day simple moving average is GBX 74.77 and its two-hundred day simple moving average is GBX 84.21. The stock has a market capitalization of £1.91 billion, a price-to-earnings ratio of -51.28 and a beta of 0.22.
The Renewables Infrastructure Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, April 18th. Shareholders of record on Thursday, April 10th were given a GBX 0.55 ($0.01) dividend. This represents a yield of 2.08%. The ex-dividend date of this dividend was Thursday, April 10th. The Renewables Infrastructure Group's dividend payout ratio (DPR) is presently -461.42%.
Insider Transactions at The Renewables Infrastructure Group
In other news, insider Erna-Maria Trixl acquired 13,650 shares of the company's stock in a transaction dated Thursday, March 20th. The shares were bought at an average price of GBX 73 ($0.97) per share, for a total transaction of £9,964.50 ($13,254.19). Company 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.
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