RENISHAW PLC 20 (OTCMKTS:RNSHF) Shares Gap Up - Still a Buy?

Key Points

• RENISHAW PLC 20 shares saw a significant **gap up** from a previous close of **$37.62** to an opening price of **$41.25**, reflecting a **9.7% increase**.
• The company's **50-day moving average** is **$35.16**, while the **200-day moving average** stands at **$35.88**, indicating a bullish trend.
• RENISHAW PLC is an **engineering and scientific technology company** that provides a wide range of technological products, including measuring and diagnostic systems globally.

RENISHAW PLC 20 (OTCMKTS:RNSHF - )'s share price gapped up before the market opened on Tuesday . The stock had previously closed at $37.62, but opened at $41.25. RENISHAW PLC 20 shares last traded at $41.25, with a volume of 1,000 shares traded.

RENISHAW PLC 20 Stock Up 9.7%

The stock's 50 day moving average is $35.16 and its 200 day moving average is $35.88.

About RENISHAW PLC 20

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.