Renew Holdings plc (LON:RNWH) Insider Shatish D. Dasani Buys 3,000 Shares of Stock

Renew Holdings plc (LON:RNWH) insider Shatish D. Dasani acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average cost of GBX 712 ($8.89) per share, for a total transaction of £21,360 ($26,670.00).

Renew Stock Down 21.9 %

Shares of LON RNWH opened at GBX 710 ($8.87) on Friday. The company has a market cap of £561.89 million, a price-to-earnings ratio of 1,145.16 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. Renew Holdings plc has a 12 month low of GBX 681 ($8.50) and a 12 month high of GBX 1,296 ($16.18). The stock has a 50-day moving average price of GBX 959.74 and a two-hundred day moving average price of GBX 1,039.51.

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

Renew Increases Dividend

The company also recently declared 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. This represents a dividend yield of 1.17%. This is a boost from Renew’s previous dividend of $6.33. The ex-dividend date of this dividend is Thursday, February 6th. Renew’s dividend payout ratio is presently 2,903.23%.

Wall Street Analyst Weigh In

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

About Renew