Renewi (LON:RWI) Trading 0.4% Higher – What’s Next?

Renewi plc (LON:RWIGet Free Report) shares rose 0.4% on Wednesday . The stock traded as high as GBX 807.18 ($9.86) and last traded at GBX 801 ($9.78). Approximately 686,388 shares changed hands during mid-day trading, an increase of 149% from the average daily volume of 275,337 shares. The stock had previously closed at GBX 798 ($9.74).

Renewi Stock Performance

The firm’s 50 day moving average price is GBX 725.48 and its 200-day moving average price is GBX 677.34. The firm has a market cap of £641.28 million, a price-to-earnings ratio of 1,782.22, a P/E/G ratio of 0.38 and a beta of 1.24. The company has a debt-to-equity ratio of 221.34, a current ratio of 0.54 and a quick ratio of 0.59.

Renewi Company Profile

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About Renewi

Renewi is a leading international waste to product company that gives new life to used materials. The company employs 7,000 people working out of 174 operating sites across Europe. A market leader in Benelux, Renewi uses innovation and the latest technology to turn waste into secondary raw materials including paper, metal, plastic, glass, wood, building materials, compost and energy.

Further Reading

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