Renewi (RWI) Earns Under Review Rating from Numis Securities

Renewi (LON:RWI)‘s stock had its “under review” rating restated by equities researchers at Numis Securities in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt decreased their target price on Renewi from GBX 87 ($1.14) to GBX 60 ($0.78) and set a “buy” rating on the stock in a report on Friday, March 29th.

RWI opened at GBX 33.85 ($0.44) on Thursday. Renewi has a one year low of GBX 18.98 ($0.25) and a one year high of GBX 87.50 ($1.14). The company has a debt-to-equity ratio of 160.83, a quick ratio of 0.57 and a current ratio of 0.63. The firm has a market capitalization of $268.05 million and a PE ratio of -5.94.

In related news, insider Luc Sterckx bought 150,000 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were acquired at an average cost of GBX 26 ($0.34) per share, for a total transaction of £39,000 ($50,960.41). Also, insider Colin Matthews bought 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was bought at an average price of GBX 23 ($0.30) per share, for a total transaction of £11,500 ($15,026.79).

Renewi Company Profile

Renewi plc provides waste-to-product services in the Netherlands, Belgium, the United Kingdom, Germany, France, Portugal, Canada, Hungary, and Luxembourg. The company operates through Commercial Waste, Hazardous Waste, Monostreams, and Municipal segments. It is involved in the collection and treatment of commercial waste; industrial cleaning and treatment of hazardous waste; and operation of waste management facilities under long-term municipal contracts, as well as waste recycling activities.

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