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

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 70.66 and traded as low as GBX 67.90. The Renewables Infrastructure Group shares last traded at GBX 69, with a volume of 4,829,139 shares changing hands.

The Renewables Infrastructure Group Price Performance

The firm has a market capitalization of £1.65 billion, a price-to-earnings ratio of -7.85 and a beta of 0.22. The business’s 50-day moving average price is GBX 70.66 and its 200 day moving average price is GBX 76.72.

Insider Buying and Selling

In other news, insider John Whittle acquired 40,000 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was bought at an average cost of GBX 69 per share, with a total value of £27,600. 0.03% of the stock is owned by corporate insiders.

The Renewables Infrastructure Group Company Profile

(Get Free Report)

Featured Articles

Receive News & Ratings for The Renewables Infrastructure Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Renewables Infrastructure Group and related companies with MarketBeat.com's FREE daily email newsletter.