Is Renaissance Global stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Renaissance Global pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Wednesday 27th of July 2022 were paid INR3 per share. Over the last 13 times between 2008 and 2022, Renaissance Global has paid INR41.5 with an average of INR3.19 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Renaissance Global 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR49.00, you would have made a profit of INR66.43 per share or 135.57%
Yes, the average daily trading liquidity for Renaissance Global is INR373 748 thousand. You should therefore be able to get in and out of your positions relatively fast.
Renaissance Global has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.07, the company's ability to pay off the debt is limited. The company has a very low net profit margin of 3.43%, which is challenging.
We have calculated the inflation risk for Renaissance Global to be medium [0.65 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.