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Renew (LON:RNWH) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

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.
  • Five stocks we like better than Renew.

Shares of Renew Holdings plc (LON:RNWH - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 766.75 ($10.39) and traded as high as GBX 826 ($11.19). Renew shares last traded at GBX 809 ($10.96), with a volume of 62,973 shares traded.

Renew Stock Down 1.6%

The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 37.10. The stock has a 50-day simple moving average of GBX 829.30 and a 200-day simple moving average of GBX 768.86. The company has a market cap of £626.92 million, a price-to-earnings ratio of 1,386.07 and a beta of 1.06.

About Renew

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