The Renewables Infrastructure Group (LON:TRIG) Sets New 1-Year Low – Here’s Why

The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 67.40 and last traded at GBX 68.90, with a volume of 3007536 shares trading hands. The stock had previously closed at GBX 69.

The Renewables Infrastructure Group Stock Down 0.1%

The stock has a market cap of £1.65 billion, a price-to-earnings ratio of -7.82 and a beta of 0.22. The company’s 50-day moving average is GBX 74.24 and its 200-day moving average is GBX 79.13.

About The Renewables Infrastructure Group

(Get Free Report)

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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