Renew (LON:RNWH) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Posted by George Bondi on Aug 7th, 2026

Renew Holdings plc (LON:RNWH – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 902.84 and traded as high as GBX 927. Renew shares last traded at GBX 920, with a volume of 2,476,951 shares trading hands.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Analysis on Renew

Renew Stock 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 capitalization of £731.48 million, a PE ratio of 17.31 and a beta of 0.77. The stock’s fifty day simple moving average is GBX 889.51 and its 200-day simple moving average is GBX 902.97.

Renew (LON:RNWH – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported GBX 30.90 EPS for the quarter. The business had revenue of £574.29 million for the quarter. Renew had a return on equity of 17.24% and a net margin of 3.81%.