Renewi PLC (RWI) Insider Purchases £40,000 in Stock
Renewi PLC (LON:RWI) insider Colin Matthews bought 50,000 shares of the company’s stock in a transaction on Wednesday, March 21st. The stock was purchased at an average cost of GBX 80 ($1.11) per share, with a total value of £40,000 ($55,263.89).
Renewi stock opened at GBX 79.80 ($1.10) on Thursday. The stock has a market capitalization of $701.72 and a PE ratio of -997.50. Renewi PLC has a 52 week low of GBX 78.25 ($1.08) and a 52 week high of GBX 109 ($1.51).
Separately, Peel Hunt dropped their target price on Renewi from GBX 124 ($1.71) to GBX 118 ($1.63) and set a “buy” rating for the company in a research report on Friday, March 9th.
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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, Municipal, and Van Gansewinkel Groep 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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