Elizabeth Barber Buys 2,830 Shares of Renew Holdings plc (LON:RNWH) Stock

Renew Holdings plc (LON:RNWH) insider Elizabeth Barber purchased 2,830 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was bought at an average cost of GBX 709 ($8.82) per share, for a total transaction of £20,064.70 ($24,965.41).

Renew Stock Down 1.8 %

Shares of LON RNWH opened at GBX 725 ($9.02) on Wednesday. Renew Holdings plc has a 12 month low of GBX 681 ($8.47) and a 12 month high of GBX 1,296 ($16.13). The firm has a market capitalization of £573.77 million, a price-to-earnings ratio of 1,169.35 and a beta of 1.06. The company has a current ratio of 0.95, a quick ratio of 0.81 and a debt-to-equity ratio of 10.41. The business has a 50-day moving average of GBX 946.48 and a 200-day moving average of GBX 1,034.18.

Renew (LON:RNWH) last issued its quarterly 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 disclosed a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 6th will be issued a GBX 12.67 ($0.16) dividend. This represents a dividend yield of 1.17%. This is a positive change from Renew’s previous dividend of $6.33. The ex-dividend date is Thursday, February 6th. Renew’s payout ratio is presently 2,903.23%.

Wall Street Analysts Forecast Growth

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

Renew Company Profile