Renew Holdings plc (LON:RNWH - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 947 ($11.70) and last traded at GBX 937 ($11.57), with a volume of 151265 shares traded. The stock had previously closed at GBX 915 ($11.30).
Analysts Set New Price Targets
Separately, Shore Capital reissued a "buy" rating on shares of Renew in a report on Tuesday, April 2nd.
View Our Latest Research Report on RNWH
Renew Trading Up 3.2 %
The firm has a market capitalization of £747.08 million, a price-to-earnings ratio of 1,600.00 and a beta of 0.98. The business's fifty day moving average is GBX 896.54 and its 200 day moving average is GBX 832.92. The company has a quick ratio of 0.81, a current ratio of 0.91 and a debt-to-equity ratio of 9.85.
Renew Increases Dividend
The company also recently declared a dividend, which was paid on Friday, March 8th. Shareholders of record on Thursday, February 8th were paid a GBX 12 ($0.15) dividend. This is an increase from Renew's previous dividend of $6.00. The ex-dividend date of this dividend was Thursday, February 8th. This represents a dividend yield of 1.52%. Renew's dividend payout ratio (DPR) is currently 3,050.85%.
Renew Company Profile
(
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Renew Holdings plc operates as a contractor in the field of engineering services and specialist building in the United Kingdom. The company engages in the provision of services to the rail, telecoms, water, highways, and energy networks. It offers operational support and asset care; critical planned and reactive maintenance and renewals; civil, mechanical, and electrical engineering services; geotechnical and earthworks; plant, power, and signaling renewals; 24/7 emergency services; asset renewal and refurbishment; tunnel and shaft refurbishment, fencing, and devegetation; and in-house design services, as well as wireless telecoms installations; critical planned and reactive maintenance and renewals; acquisition, planning and design services; 3G, 4G, 5G, and Wi-Fi technologies; temporary sites and special events; and maintenance and decommissioning services.
Further Reading
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