Renew Holdings plc (LON:RNWH) Insider Purchases £21,360 in Stock

Renew Holdings plc (LON:RNWH) insider Shatish D. Dasani bought 3,000 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The shares were purchased at an average price of GBX 712 ($8.79) per share, with a total value of £21,360 ($26,383.40).

Renew Price Performance

LON:RNWH traded down GBX 199 ($2.46) during mid-day trading on Friday, reaching GBX 710 ($8.77). 2,129,388 shares of the company were exchanged, compared to its average volume of 400,283. Renew Holdings plc has a 12 month low of GBX 681 ($8.41) and a 12 month high of GBX 1,296 ($16.01). The company has a fifty day moving average of GBX 970.60 and a 200 day moving average of GBX 1,042.75. The company has a quick ratio of 0.81, a current ratio of 0.95 and a debt-to-equity ratio of 10.41. The stock has a market cap of £561.89 million, a PE ratio of 1,145.16 and a beta of 1.06.

Renew (LON:RNWH) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX 65.90 ($0.81) EPS for the quarter. Renew had a net margin of 4.45% and a return on equity of 27.90%.

Renew Increases Dividend

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

Analyst Upgrades and Downgrades

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

Renew Company Profile