Renold plc (LON:RNO - Get Free Report)'s stock price shot up 10.6% on Friday . The stock traded as high as GBX 85.20 ($1.16) and last traded at GBX 84.03 ($1.14). 15,748,045 shares changed hands during trading, an increase of 1,768% from the average session volume of 843,217 shares. The stock had previously closed at GBX 76 ($1.03).
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of Renold in a research note on Tuesday, May 20th.
View Our Latest Report on RNO
Renold Stock Up 10.8%
The company has a market cap of £203.22 million, a P/E ratio of 10.40, a P/E/G ratio of 0.10 and a beta of 0.76. The company's 50-day moving average is GBX 56.43 and its two-hundred day moving average is GBX 49.36. The company has a debt-to-equity ratio of 150.00, a current ratio of 1.73 and a quick ratio of 0.80.
About Renold
(
Get Free Report)
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.
See Also
Before you consider Renold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Renold wasn't on the list.
While Renold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
