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
(
Get Free Report)
Further Reading
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.
