Renew (LON:RNWH) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

Renew Holdings plc (LON:RNWH - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 867.08 ($11.57) and traded as low as GBX 700 ($9.34). Renew shares last traded at GBX 713 ($9.51), with a volume of 261,242 shares changing hands.

Renew Trading Down 2.1 %

The firm has a market cap of £565.93 million, a P/E ratio of 11.76 and a beta of 1.06. The business's 50-day moving average is GBX 675.94 and its two-hundred day moving average is GBX 863.21. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 37.10.

Renew Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 6th were paid a dividend of GBX 12.67 ($0.17) per share. This is an increase from Renew's previous dividend of $6.33. This represents a yield of 1.17%. The ex-dividend date was Thursday, February 6th. Renew's dividend payout ratio is presently 30.10%.

Insider Buying and Selling

In related news, insider Shatish D. Dasani bought 3,000 shares of the stock in a transaction on Friday, January 24th. The shares were purchased at an average price of GBX 712 ($9.50) per share, with a total value of £21,360 ($28,491.40). Also, insider Elizabeth Barber bought 2,830 shares of the business's stock in a transaction on Monday, January 27th. The stock was purchased at an average price of GBX 709 ($9.46) per share, with a total value of £20,064.70 ($26,763.64). Corporate insiders own 2.17% of the company's stock.

Renew Company Profile