Free Trial

Renew (LON:RNWH) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

Renew logo with Industrials background

Key Points

  • Renew Holdings plc shares have crossed above their two hundred day moving average, indicating potential bullish momentum in the stock's performance.
  • The stock's latest trading price was GBX 809 ($10.93), slightly down by 0.2% in the recent trading session.
  • Renew has a market capitalization of £649.71 million and exhibits a price-to-earnings ratio of 13.50, reflecting its valuation relative to earnings.
  • Interested in Renew? Here are five stocks we like better.

Renew Holdings plc (LON:RNWH - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 766.75 ($10.27) and traded as high as GBX 826 ($11.06). Renew shares last traded at GBX 809 ($10.84), with a volume of 62,973 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,200 price target on shares of Renew in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Renew presently has a consensus rating of "Buy" and an average price target of GBX 1,200.

Get Our Latest Stock Report on RNWH

Renew Stock Up 0.3%

The business's 50 day moving average price is GBX 828.92 and its 200-day moving average price is GBX 769.02. The company has a debt-to-equity ratio of 37.10, a current ratio of 0.93 and a quick ratio of 0.81. The company has a market cap of £628.51 million, a P/E ratio of 1,389.57 and a beta of 1.06.

About Renew

(Get Free Report)

Read More

Should You Invest $1,000 in Renew Right Now?

Before you consider Renew, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Renew wasn't on the list.

While Renew currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.