Renew (LON:RNWH) Stock Passes Below 200 Day Moving Average - Here's What Happened

Renew Holdings plc (LON:RNWH - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 867.08 ($11.53) and traded as low as GBX 700 ($9.31). Renew shares last traded at GBX 713 ($9.48), with a volume of 261,242 shares changing hands.

Renew Stock Performance

The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 37.10. The company has a market capitalization of £569.96 million, a PE ratio of 11.84 and a beta of 1.06. The stock's fifty day simple moving average is GBX 676.06 and its 200-day simple moving average is GBX 855.65.

Renew Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 6th were issued a GBX 12.67 ($0.17) dividend. The ex-dividend date was Thursday, February 6th. This is a boost from Renew's previous dividend of $6.33. This represents a yield of 1.17%. Renew's dividend payout ratio (DPR) is 30.10%.

Insider Buying and Selling at Renew

In other Renew news, insider Elizabeth Barber purchased 2,830 shares of the stock in a transaction dated Monday, January 27th. The shares were acquired at an average cost of GBX 709 ($9.43) per share, for a total transaction of £20,064.70 ($26,685.33). 2.17% of the stock is currently owned by corporate insiders.

Renew Company Profile