The Renewables Infrastructure Group (LON:TRIG) Shares Pass Below 50 Day Moving Average – What’s Next?

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report) shares passed 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 trading hands.

The Renewables Infrastructure Group Stock Down 0.4%

The firm has a 50-day moving average of GBX 70.17 and a 200 day moving average of GBX 75.90. The stock has a market capitalization of £1.63 billion, a P/E ratio of -7.75 and a beta of 0.22.

Insider Activity at The Renewables Infrastructure Group

In other The Renewables Infrastructure Group news, insider John Whittle bought 40,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were acquired at an average cost 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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