Renew (LON:RNWH) Hits New 1-Year High – Time to Buy?

Renew Holdings plc (LON:RNWH)’s share price reached a new 52-week high on Thursday . The stock traded as high as GBX 979 and last traded at GBX 959.56, with a volume of 2272 shares trading hands. The stock had previously closed at GBX 961.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,220 price target on shares of Renew in a report on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 1,172.50.

Renew Price Performance

The company has a quick ratio of 0.81, a current ratio of 0.91 and a debt-to-equity ratio of 12.90. The company has a market cap of £773.43 million, a price-to-earnings ratio of 18.30 and a beta of 0.77. The stock’s 50-day simple moving average is GBX 912.75 and its 200 day simple moving average is GBX 903.59.

Renew Company Profile