The latest announcement is out from Renewi plc ( (GB:RWI) ).
Renewi plc, a UK-based company, has been notified of a significant change in shareholding by Bank of America Corporation. On April 17, 2025, Bank of America crossed a threshold in its voting rights in Renewi plc, now holding 5.42% of the total voting rights through financial instruments. This change in shareholding could impact the company’s operations and market positioning, potentially affecting its stakeholders.
Spark’s Take on GB:RWI Stock
According to Spark, TipRanks’ AI Analyst, GB:RWI is a Neutral.
Renewi plc’s overall score reflects mixed financial performance with high leverage and profitability challenges, but is balanced by strong cash flow stability and positive technical momentum. The strategic acquisition and increased investor confidence enhance future prospects, although valuation metrics remain weak.
To see Spark’s full report on GB:RWI stock, click here.
More about Renewi plc
YTD Price Performance: 6.06%
Average Trading Volume: 774,210
Technical Sentiment Signal: Sell
Current Market Cap: £688.2M
Learn more about RWI stock on TipRanks’ Stock Analysis page.