The Renewables Infrastructure Group (LON:TRIG) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

The Renewables Infrastructure Group Limited (LON:TRIG)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 83.18 ($1.04) and traded as low as GBX 78.60 ($0.98). The Renewables Infrastructure Group shares last traded at GBX 79.10 ($0.98), with a volume of 5,506,085 shares traded.

The Renewables Infrastructure Group Stock Up 0.3 %

The stock’s 50-day moving average price is GBX 83.18 and its 200 day moving average price is GBX 93.64. The firm has a market cap of £1.97 billion, a price-to-earnings ratio of -7,930.00 and a beta of 0.22.

Insider Buying and Selling at The Renewables Infrastructure Group

In other The Renewables Infrastructure Group news, insider Richard Morse bought 48,365 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average price of GBX 83 ($1.03) per share, with a total value of £40,142.95 ($49,985.00). Insiders own 0.08% of the company’s stock.

The Renewables Infrastructure Group Company Profile

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.