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.
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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.
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