Renew (LON:RNWH) Shares Cross Below 200-Day Moving Average – Should You Sell?

Renew Holdings plc (LON:RNWHGet Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 852.90 ($11.44) and traded as low as GBX 721.63 ($9.68). Renew shares last traded at GBX 730 ($9.79), with a volume of 120,872 shares.

Renew Trading Up 0.9 %

The stock’s fifty day moving average price is GBX 677.28 and its 200 day moving average price is GBX 850.31. The stock has a market cap of £593.06 million, a P/E ratio of 12.32 and a beta of 1.06. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 37.10.

Renew Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 6th were issued a GBX 12.67 ($0.17) dividend. This represents a yield of 1.17%. The ex-dividend date was Thursday, February 6th. This is a boost from Renew’s previous dividend of $6.33. Renew’s dividend payout ratio is 30.10%.

Renew Company Profile

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