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
(
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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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