Renew (LON:RNWH) Hits New 1-Year Low – Here’s Why

Renew Holdings plc (LON:RNWH)’s stock price hit a new 52-week low on Thursday . The stock traded as low as GBX 681 ($8.56) and last traded at GBX 684 ($8.60), with a volume of 202693 shares changing hands. The stock had previously closed at GBX 708 ($8.90).

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 firm has a market cap of £530.51 million, a PE ratio of 11.02 and a beta of 1.06. The firm’s fifty day simple moving average is GBX 807.45 and its two-hundred day simple moving average is GBX 977.20.

Renew (LON:RNWH) last released its earnings results on Tuesday, November 26th. The company reported GBX 65.90 ($0.83) EPS for the quarter. Renew had a net margin of 4.45% and a return on equity of 22.35%.

Renew Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 6th will be issued a GBX 12.67 ($0.16) dividend. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, February 6th. This is an increase from Renew’s previous dividend of $6.33. Renew’s payout ratio is 30.10%.

Insider Transactions at Renew

In other Renew news, insider Elizabeth Barber purchased 2,830 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The shares were bought at an average price of GBX 709 ($8.92) per share, with a total value of £20,064.70 ($25,232.27). Also, insider Shatish D. Dasani purchased 3,000 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The shares were acquired at an average cost of GBX 712 ($8.95) per share, for a total transaction of £21,360 ($26,861.17). Insiders own 2.17% of the company’s stock.

Renew Company Profile