Renew Holdings plc (LON:RNWH - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,055.46 ($12.99) and traded as low as GBX 888 ($10.93). Renew shares last traded at GBX 895 ($11.01), with a volume of 117,537 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "buy" rating on shares of Renew in a research report on Friday, October 4th.
Check Out Our Latest Analysis on Renew
Renew Stock Up 1.7 %
The firm has a 50-day simple moving average of GBX 1,004.68 and a 200 day simple moving average of GBX 1,054.06. The stock has a market capitalization of £720.17 million, a P/E ratio of 1,467.74 and a beta of 1.06. The company has a debt-to-equity ratio of 10.41, a current ratio of 0.95 and a quick ratio of 0.81.
Renew Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 6th will be paid a GBX 12.67 ($0.16) dividend. This represents a dividend yield of 1.17%. This is an increase from Renew's previous dividend of $6.33. The ex-dividend date is Thursday, February 6th. Renew's payout ratio is currently 2,903.23%.
Renew Company Profile
(
Get Free Report)
Read More
Before you consider Renew, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Renew wasn't on the list.
While Renew currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.