Renewi’s (RWI) Under Review Rating Reaffirmed at Numis Securities

Numis Securities reissued their under review rating on shares of Renewi (LON:RWI) in a report published on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reiterated a buy rating on shares of Renewi in a research note on Monday, March 18th.

LON RWI traded down GBX 1.50 ($0.02) during trading hours on Thursday, hitting GBX 35.50 ($0.46). The company had a trading volume of 3,326,448 shares, compared to its average volume of 1,510,000. Renewi has a fifty-two week low of GBX 18.98 ($0.25) and a fifty-two week high of GBX 87.50 ($1.14). The company has a market cap of $284.05 million and a P/E ratio of -6.23. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 160.83.

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

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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