Renold plc (LON:RNO - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 58.57 ($0.79) and traded as high as GBX 81.20 ($1.10). Renold shares last traded at GBX 81.20 ($1.10), with a volume of 5,166,547 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "buy" rating on shares of Renold in a report on Tuesday, May 20th.
Check Out Our Latest Report on Renold
Renold Price Performance
The business's 50-day simple moving average is GBX 79.56 and its two-hundred day simple moving average is GBX 59.08. The company has a quick ratio of 0.80, a current ratio of 1.73 and a debt-to-equity ratio of 150.00. The stock has a market cap 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.
Renold (LON:RNO - Get Free Report) last released its quarterly earnings results on Wednesday, July 9th. The company reported GBX 9 ($0.12) earnings per share for the quarter. Renold had a net margin of 7.08% and a return on equity of 32.63%. Sell-side analysts expect that Renold plc will post 7.7333333 EPS for the current year.
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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