Renishaw (LON:RSW) Reaches New 12-Month High at $4,500.00

Renishaw plc (LON:RSW - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 4,500 ($56.49) and last traded at GBX 4,420 ($55.49), with a volume of 245114 shares trading hands. The stock had previously closed at GBX 4,250 ($53.35).

Renishaw Stock Performance

The business's fifty day moving average price is GBX 4,098.58 and its 200-day moving average price is GBX 3,612.94. The company has a debt-to-equity ratio of 1.69, a quick ratio of 3.10 and a current ratio of 6.17. The stock has a market cap of £3.17 billion, a PE ratio of 3,246.27, a P/E/G ratio of 3.73 and a beta of 0.76.

Renishaw Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 9th. Stockholders of record on Thursday, March 7th will be paid a GBX 16.80 ($0.21) dividend. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, March 7th. Renishaw's dividend payout ratio (DPR) is presently 5,671.64%.

Renishaw Company Profile

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems.