Renewi (LON:RWI) Sets New 12-Month High – Here’s Why

Renewi plc (LON:RWIGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 858 ($11.05) and last traded at GBX 856 ($11.02), with a volume of 528417 shares traded. The stock had previously closed at GBX 855 ($11.01).

Renewi Price Performance

The company’s 50-day moving average price is GBX 832.75 and its 200-day moving average price is GBX 738.87. The company has a quick ratio of 0.59, a current ratio of 0.54 and a debt-to-equity ratio of 230.90. The firm has a market cap of £822.64 million, a price-to-earnings ratio of 24.42, a PEG ratio of 0.38 and a beta of 1.24.

About Renewi

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About Renewi

Renewi is a leading international waste to product company that gives new life to used materials. The company employs 7,000 people working out of 174 operating sites across Europe. A market leader in Benelux, Renewi uses innovation and the latest technology to turn waste into secondary raw materials including paper, metal, plastic, glass, wood, building materials, compost and energy.

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