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Renishaw (LON:RSW) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

Renishaw logo with Computer and Technology background

Renishaw plc (LON:RSW - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,821.62 ($37.87) and traded as high as GBX 2,870 ($38.52). Renishaw shares last traded at GBX 2,859.38 ($38.38), with a volume of 87,859 shares changing hands.

Renishaw Stock Performance

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 business's fifty day simple moving average is GBX 2,749.86 and its 200-day simple moving average is GBX 2,816.41. The firm has a market capitalization of £2.16 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63.

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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