Renishaw (LON:RSW) Reaches New 12-Month Low - Time to Sell?

Key Points

• Renishaw plc shares hit a new 52-week low of GBX 1,920 ($25.36) during trading, closing at GBX 2,905 ($38.38).
• The company has a market capitalization of £2.09 billion and a price-to-earnings ratio of 21.54, indicating how the market values its earnings.
• Renishaw specializes in high-precision measuring and manufacturing systems, aiming to provide confidence and traceability in production processes.

Renishaw plc (LON:RSW - ) shares reached a new 52-week low during trading on Friday . The stock traded as low as GBX 1,920 ($25.36) and last traded at GBX 2,905 ($38.38), with a volume of 65119 shares traded. The stock had previously closed at GBX 2,975 ($39.30).

Renishaw Stock Performance

The company has a market cap of £2.09 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63. The firm has a 50-day simple moving average of GBX 2,798.50 and a 200 day simple moving average of GBX 2,793.52. The company has a quick ratio of 3.10, a current ratio of 5.81 and a debt-to-equity ratio of 2.05.

Renishaw Company Profile

We are a world leader in measuring and manufacturing systems. Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they're making. This technology also helps our customers to innovate their products and processes. We are guided by our purpose: Transforming Tomorrow Together.

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