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Renishaw (LON:RSW) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Renishaw logo with Computer and Technology background

Renishaw plc (LON:RSW - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,807.96 ($37.74) and traded as high as GBX 2,995 ($40.25). Renishaw shares last traded at GBX 2,935.23 ($39.45), with a volume of 62,198 shares.

Renishaw Trading Up 1.2%

The company has a market capitalization of £2.18 billion, a P/E ratio of 22.51, a PEG ratio of 3.73 and a beta of 0.63. The company has a debt-to-equity ratio of 2.05, a quick ratio of 3.10 and a current ratio of 5.81. The company's fifty day simple moving average is GBX 2,772.80 and its 200-day simple moving average is GBX 2,803.11.

About Renishaw

(Get Free Report)

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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