Renold (LON:RNO - Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 9 ($0.12) earnings per share for the quarter, Digital Look Earnings reports. Renold had a net margin of 7.08% and a return on equity of 32.63%.
Renold Price Performance
Shares of LON RNO remained flat at GBX 80.40 ($1.08) during midday trading on Friday. 11,996,355 shares of the company were exchanged, compared to its average volume of 1,218,216. Renold has a fifty-two week low of GBX 35.19 ($0.47) and a fifty-two week high of GBX 88 ($1.19). The stock's 50 day moving average is GBX 71.60 and its 200-day moving average is GBX 54.10. The company has a current ratio of 1.73, a quick ratio of 0.80 and a debt-to-equity ratio of 150.00. The firm has a market capitalization of £194.05 million, a P/E ratio of 9.93, a price-to-earnings-growth ratio of 0.10 and a beta of 0.76.
Analyst Ratings Changes
Separately, Shore Capital reissued a "buy" rating on shares of Renold in a research report on Tuesday, May 20th.
Check Out Our Latest Research Report on RNO
About Renold
(
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Renold plc engages in the manufacture and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally. The company operates in two segments, Chain and Torque Transmission. It offers inverted tooth chain products; and transmission chain products, including general transmission, low maintenance, abrasion and corrosion resistant, and drive chain, as well as klik-top polymer block chain and standard attachment chain.
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