FRANKFURT / LONDON (IT BOLTWISE) – The RENK share recorded a price decline of 0.8 percent to EUR 62.50 in XETRA trading on Friday morning. Despite these losses, the share remains in the focus of investors, as experts predict a fair value of EUR 70.19 per share. The latest quarterly figures also show a significant increase in sales of 27.47 percent compared to the previous year.
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The RENK share started Friday with a slight loss in XETRA trading, with the price falling by 0.8 percent to EUR 62.50. The trading day began with a price of EUR 62.02, and over the course of the morning the share value temporarily fell to EUR 62.00. Despite these short-term losses, the stock remains of interest to investors as analysts see a fair value of EUR 70.19 per share.
Last year, RENK shares reached a 52-week high of EUR 90.34, showing that there is potential for recovery. The share’s lowest level in the last 52 weeks was EUR 17.75, meaning the share has increased significantly in value since then. These fluctuations highlight the volatility of the market and the challenges investors face.
RENK recently published its quarterly figures, which show a significant increase in sales of 27.47 percent compared to the same quarter last year. Sales rose to EUR 347.53 million, compared to EUR 272.64 million in the same period last year. Earnings per share also improved from EUR 0.09 in the same quarter of the previous year to EUR 0.30. These positive developments could increase investor confidence and stabilize the share price in the long term.
For 2025, analysts expect RENK to report earnings per share of EUR 1.41. These forecasts, together with the planned dividend increase to EUR 0.594 per share, could further stimulate investor interest. Despite the current price losses, the long-term outlook for RENK shares remains positive, especially given the strong financial performance and optimistic market expectations.
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