Renold plc (LON:RNO - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 46.82 ($0.62) and traded as high as GBX 47.60 ($0.63). Renold shares last traded at GBX 47.60 ($0.63), with a volume of 931,578 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "buy" rating on shares of Renold in a research note on Wednesday, April 23rd.
View Our Latest Stock Report on RNO
Renold Price Performance
The firm has a market capitalization of £114.16 million, a price-to-earnings ratio of 5.84, a PEG ratio of 0.10 and a beta of 0.76. The company has a debt-to-equity ratio of 150.00, a current ratio of 1.73 and a quick ratio of 0.80. The stock has a 50 day moving average price of GBX 42.02 and a two-hundred day moving average price of GBX 46.76.
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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