Renewi (LON:RWI) Trading Up 10.1% – Should You Buy?

Renewi plc (LON:RWI) traded up 10.1% on Thursday . The stock traded as high as GBX 610 ($7.77) and last traded at GBX 610 ($7.77). 1,067,533 shares traded hands during trading, an increase of 533% from the average session volume of 168,761 shares. The stock had previously closed at GBX 554 ($7.06).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 710 ($9.04) target price on shares of Renewi in a research report on Tuesday, August 6th.

Renewi Stock Down 0.1 %

The firm has a market capitalization of £649.28 million, a P/E ratio of 1,804.44, a PEG ratio of 0.38 and a beta of 1.24. The company has a debt-to-equity ratio of 221.34, a quick ratio of 0.59 and a current ratio of 0.54. The stock has a 50 day moving average of GBX 619.16 and a 200-day moving average of GBX 645.63.

Renewi Company Profile

Renewi plc, together with its subsidiaries, provides waste-to-product services. The company operates through Commercial Waste, Mineralz & Water, and Specialities segments. The Commercial Waste segment engages in the collection and treatment of commercial waste in the Netherlands and Belgium; and processing of wood, aggregates, plastics, paper products, and organic waste.