Shares of Renold plc (LON:RNO - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 50.74 ($0.69) and traded as high as GBX 81.20 ($1.10). Renold shares last traded at GBX 81.20 ($1.10), with a volume of 5,018,219 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of Renold in a report on Tuesday, May 20th.
View Our Latest Stock Report on RNO
Renold Stock Performance
The company has a debt-to-equity ratio of 150.00, a quick ratio of 0.80 and a current ratio of 1.73. The company has a market cap of £194.53 million, a price-to-earnings ratio of 9.95, a PEG ratio of 0.10 and a beta of 0.76. The firm's 50-day moving average price is GBX 62 and its 200 day moving average price is GBX 50.99.
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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