The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report)'s stock price passed 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 ($1.05). 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 stock has a market cap of £1.96 billion, a P/E ratio of -52.56 and a beta of 0.22. The stock has a 50-day moving average price of GBX 77.55 and a 200-day moving average price of GBX 80.40.
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. This represents a dividend yield of 2.08%. The ex-dividend date was Thursday, April 10th. The Renewables Infrastructure Group's payout ratio is -461.42%.
Insider Transactions at The Renewables Infrastructure Group
In other news, insider Erna-Maria Trixl acquired 13,650 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of GBX 73 ($0.98) per share, with a total value of £9,964.50 ($13,423.82). 0.08% of the stock is currently owned by insiders.
About The Renewables Infrastructure Group
(
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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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