Renew Holdings plc (LON:RNWH) Insider Elizabeth Barber Purchases 2,830 Shares

Renew Holdings plc (LON:RNWH) insider Elizabeth Barber acquired 2,830 shares of the stock in a transaction on Monday, January 27th. The shares were acquired at an average price of GBX 709 ($8.84) per share, with a total value of £20,064.70 ($25,005.86).

Renew Stock Performance

Renew stock traded up GBX 28 ($0.35) during mid-day trading on Monday, hitting GBX 738 ($9.20). 6,226,033 shares of the company’s stock traded hands, compared to its average volume of 723,935. The firm has a 50 day moving average price of GBX 959.74 and a 200 day moving average price of GBX 1,038.84. 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 company has a market cap of £584.05 million, a PE ratio of 1,190.32 and a beta of 1.06. Renew Holdings plc has a one year low of GBX 681 ($8.49) and a one year high of GBX 1,296 ($16.15).

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

Renew Increases Dividend

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

Analyst Ratings Changes

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

About Renew