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Renishaw (OTCMKTS:RNSHF) Trading 17.9% Higher - Still a Buy?

Renishaw logo with Business Services background

Shares of Renishaw plc (OTCMKTS:RNSHF - Get Free Report) rose 17.9% during trading on Wednesday . The stock traded as high as $37.62 and last traded at $37.62. Approximately 129 shares were traded during trading, a decline of 90% from the average daily volume of 1,350 shares. The stock had previously closed at $31.90.

Renishaw Price Performance

The company's fifty day moving average price is $30.58 and its 200-day moving average price is $36.70.

About Renishaw

(Get Free Report)

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.

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