Free Trial

The Renewables Infrastructure Group (LON:TRIG) Stock Price Passes Above 50-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) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 77.23 ($1.04) and traded as high as GBX 78.10 ($1.06). The Renewables Infrastructure Group shares last traded at GBX 77.80 ($1.05), with a volume of 4,381,131 shares changing hands.

The Renewables Infrastructure Group Stock Performance

The firm's fifty day moving average price is GBX 77.42 and its 200 day moving average price is GBX 80.41. The firm has a market cap of £1.93 billion, a P/E ratio of -51.90 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 issued a GBX 0.55 ($0.01) dividend. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 2.08%. The Renewables Infrastructure Group's dividend payout ratio is presently -461.42%.

Insider Buying and Selling

In other news, insider Erna-Maria Trixl purchased 13,650 shares of the business's stock in a transaction on Thursday, March 20th. The shares were acquired at an average cost of GBX 73 ($0.99) per share, with a total value of £9,964.50 ($13,465.54). 0.08% of the stock is currently owned by company insiders.

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.

Read More

Should You Invest $1,000 in The Renewables Infrastructure Group Right Now?

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

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines