RENISHAW PLC 20 (OTCMKTS:RNSHF) Trading 37.9% Higher - Here's What Happened

Key Points

• Renishaw PLC 20 shares surged 37.9% on Tuesday, trading at a high of $41.25, an increase from the previous close of $29.92.
• Trading volume for the stock reached 1,000 shares, which is a notable increase of 39,900% compared to its average session volume of just 3 shares.
• Renishaw PLC is an engineering and scientific technology company that designs and manufactures a variety of technological products, including analytical instruments and medical devices for global distribution.

RENISHAW PLC 20 (OTCMKTS:RNSHF - Get Free Report) traded up 37.9% during mid-day trading on Tuesday . The company traded as high as $41.25 and last traded at $41.25. 1,000 shares were traded during trading, an increase of 39,900% from the average session volume of 3 shares. The stock had previously closed at $29.92.

RENISHAW PLC 20 Stock Performance

The stock's 50-day moving average is $35.91 and its 200-day moving average is $35.89.

RENISHAW PLC 20 Company Profile

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.