The Renewables Infrastructure Group (LON:TRIG) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 70.17 and traded as low as GBX 67.90. The Renewables Infrastructure Group shares last traded at GBX 68.20, with a volume of 4,578,804 shares changing hands.

The Renewables Infrastructure Group Trading Down 0.4%

The stock has a market capitalization of £1.63 billion, a P/E ratio of -7.75 and a beta of 0.22. The business’s fifty day simple moving average is GBX 70.17 and its two-hundred day simple moving average is GBX 75.90.

Insider Buying and Selling at The Renewables Infrastructure Group

In related news, insider John Whittle bought 40,000 shares of The Renewables Infrastructure Group stock in a transaction that occurred on Monday, January 5th. The stock was acquired at an average price of GBX 69 per share, for a total transaction of £27,600. Insiders own 0.03% of the company’s stock.

The Renewables Infrastructure Group Company Profile

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