Renishaw (LON:RSW) Hits New 12-Month Low - Time to Sell?

Renishaw plc (LON:RSW - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 2,615 ($33.85) and last traded at GBX 2,685 ($34.75), with a volume of 9741 shares. The stock had previously closed at GBX 2,675 ($34.62).

Renishaw Price Performance

The company has a 50-day moving average of GBX 3,080.53 and a 200-day moving average of GBX 3,252.40. The company has a debt-to-equity ratio of 2.05, a quick ratio of 3.10 and a current ratio of 5.81. The stock has a market cap of £1.84 billion, a price-to-earnings ratio of 19.02, a PEG ratio of 3.73 and a beta of 0.63.

Renishaw (LON:RSW - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported GBX 63.20 ($0.82) earnings per share (EPS) for the quarter. Renishaw had a return on equity of 10.94% and a net margin of 14.02%. As a group, equities research analysts predict that Renishaw plc will post 159.8984772 earnings per share for the current year.

Renishaw Company Profile

We are a world leader in measuring and manufacturing systems. Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they're making. This technology also helps our customers to innovate their products and processes. We are guided by our purpose: Transforming Tomorrow Together.