Shares of 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 984.16 ($12.41) and traded as low as GBX 706 ($8.90). Renew shares last traded at GBX 708 ($8.92), with a volume of 140,539 shares changing hands.
Renew Price Performance
The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 37.10. The company has a market capitalization of £524.07 million, a price-to-earnings ratio of 10.89 and a beta of 1.06. The company has a 50 day simple moving average of GBX 807.45 and a 200 day simple moving average of GBX 975.69.
Renew Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 6th will be issued a dividend of GBX 12.67 ($0.16) per share. This is a positive change from Renew's previous dividend of $6.33. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 1.17%. Renew's payout ratio is presently 30.10%.
Insider Transactions at Renew
In other news, insider Shatish D. Dasani acquired 3,000 shares of the business's stock in a transaction on Friday, January 24th. The shares were purchased at an average price of GBX 712 ($8.98) per share, for a total transaction of £21,360 ($26,925.50). Also, insider Elizabeth Barber bought 2,830 shares of the stock in a transaction dated Monday, January 27th. The shares were acquired at an average price of GBX 709 ($8.94) per share, with a total value of £20,064.70 ($25,292.70). Company insiders own 2.17% of the company's stock.
Renew Company Profile
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Further Reading
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