Renew (LON:RNWH) Hits New 12-Month Low – Should You Sell?

Renew Holdings plc (LON:RNWH)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 593 and last traded at GBX 896, with a volume of 237788 shares traded. The stock had previously closed at GBX 898.

Wall Street Analyst Weigh In

RNWH has been the subject of several recent analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 1,200 price target on shares of Renew in a report on Monday, October 13th. Shore Capital reaffirmed a “buy” rating and set a GBX 1,350 price target on shares of Renew in a research report on Monday, October 13th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 1,300 price target on shares of Renew in a report on Monday, October 13th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 1,283.33.

Renew Trading Down 0.2%

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 business’s 50-day simple moving average is GBX 893.05 and its two-hundred day simple moving average is GBX 847.65. The stock has a market capitalization of £709.25 million, a price-to-earnings ratio of 15.68 and a beta of 1.06.

Renew Company Profile