XTRA:R3NKMachinery
Assessing RENK Group (XTRA:R3NK) Valuation After Record Order Backlog And Defence Spending Tailwinds
Why RENK Group Is Back in Focus
RENK Group (XTRA:R3NK) has come back onto investors’ radar after the company reported a record order backlog and higher order intake, supported by increased European defence spending and shifting consensus expectations.
See our latest analysis for RENK Group.
RENK Group’s recent record order backlog and higher order intake appear to be feeding into sentiment, with a 1-day share price return of 4.83% and year to date share price return of 9.85%. The 1-year total...