Insider Buying: Renew Holdings plc (LON:RNWH) Insider Buys 2,830 Shares of Stock

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

Renew Stock Up 3.9 %

Shares of LON:RNWH traded up GBX 28 ($0.35) on Monday, reaching GBX 738 ($9.20). The company had a trading volume of 6,226,033 shares, compared to its average volume of 723,935. 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 50-day moving average price of GBX 959.74 and a 200 day moving average price of GBX 1,038.84. The stock has a market capitalization of £584.05 million, a P/E ratio of 1,190.32 and a beta of 1.06. Renew Holdings plc has a twelve month low of GBX 681 ($8.49) and a twelve month high of GBX 1,296 ($16.15).

Renew (LON:RNWH) last posted its quarterly earnings data on Tuesday, November 26th. The company reported GBX 65.90 ($0.82) 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 disclosed 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. The ex-dividend date is Thursday, February 6th. This is a positive change from Renew’s previous dividend of $6.33. This represents a dividend yield of 1.17%. Renew’s payout ratio is presently 2,903.23%.

Analyst Ratings Changes

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

About Renew