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Renishaw (LON:RSW) Share Price Passes Above 200-Day Moving Average - Time to 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 Tuesday . The stock has a 200-day moving average of GBX 2,821.62 ($37.89) and traded as high as GBX 2,870 ($38.54). Renishaw shares last traded at GBX 2,859.38 ($38.40), with a volume of 87,859 shares traded.

Renishaw Price Performance

The business has a 50 day moving average price of GBX 2,741.06 and a two-hundred day moving average price of GBX 2,819.07. The stock has a market cap of £2.17 billion, a PE ratio of 22.40, a P/E/G 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.

Renishaw Company Profile

(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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