Renew Holdings plc (LON:RNWH) Insider Acquires £20,064.70 in Stock

Renew Holdings plc (LON:RNWH) 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 ($8.83) per share, for a total transaction of £20,064.70 ($24,980.95).

Renew Trading Down 0.6 %

LON RNWH opened at GBX 721 ($8.98) on Thursday. The company has a debt-to-equity ratio of 10.41, a current ratio of 0.95 and a quick ratio of 0.81. The stock’s 50-day moving average is GBX 939.94 and its 200-day moving average is GBX 1,031.65. Renew Holdings plc has a one year low of GBX 681 ($8.48) and a one year high of GBX 1,296 ($16.14). The firm has a market cap of £570.60 million, a P/E ratio of 1,162.90 and a beta of 1.06.

Renew (LON:RNWH) last announced its quarterly earnings results on Tuesday, November 26th. The company reported GBX 65.90 ($0.82) earnings per share for the quarter. Renew had a net margin of 4.45% and a return on equity of 27.90%.

Renew Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 6th will be paid a GBX 12.67 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Renew’s previous dividend of $6.33. This represents a yield of 1.17%. Renew’s dividend payout ratio is presently 2,903.23%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Renew in a research report on Friday, October 4th.

Renew Company Profile