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Renishaw (LON:RSW) Sets New 52-Week Low - Should You Sell?

Renishaw logo with Computer and Technology background
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Renishaw plc (LON:RSW - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 2,745 ($35.60) and last traded at GBX 2,750 ($35.66), with a volume of 59265 shares trading hands. The stock had previously closed at GBX 2,780 ($36.05).

Renishaw Stock Performance

The company has a market capitalization of £2.03 billion, a PE ratio of 20.95, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63. The business's fifty day moving average is GBX 3,225.37 and its two-hundred day moving average is GBX 3,311.53. The company has a current ratio of 5.81, a quick ratio of 3.10 and a debt-to-equity ratio of 2.05.

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

About Renishaw

(Get Free Report)

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.

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