Renold plc (LON:RNO - Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 47.07 ($0.63) and traded as low as GBX 44.50 ($0.60). Renold shares last traded at GBX 45.60 ($0.61), with a volume of 364,409 shares traded.
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "buy" rating on shares of Renold in a research report on Wednesday, April 23rd.
Check Out Our Latest Analysis on Renold
Renold Price Performance
The firm has a market capitalization of £110.30 million, a P/E ratio of 5.64, a P/E/G ratio of 0.10 and a beta of 0.76. The stock's fifty day simple moving average is GBX 41.53 and its 200 day simple moving average is GBX 46.87. The company has a debt-to-equity ratio of 150.00, a current ratio of 1.73 and a quick ratio of 0.80.
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.
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