Renold plc (LON:RNO - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 48.44 ($0.66) and traded as high as GBX 72.60 ($0.98). Renold shares last traded at GBX 72 ($0.98), with a volume of 448,815 shares traded.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "buy" rating on shares of Renold in a research report on Tuesday, May 20th.
Read Our Latest Stock Report on RNO
Renold Trading Up 0.6%
The company has a market cap of £173.77 million, a P/E ratio of 8.89, a PEG ratio of 0.10 and a beta of 0.76. The firm's 50 day moving average is GBX 53.97 and its two-hundred day moving average is GBX 48.70. The company has a quick ratio of 0.80, a current ratio of 1.73 and a debt-to-equity ratio of 150.00.
Renold Company Profile
(
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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.
Further Reading
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