Free Trial

Renold (LON:RNO) Shares Pass Below Two Hundred Day Moving Average - Here's Why

Renold logo with Industrials background

Renold plc (LON:RNO - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 55.55 ($0.71) and traded as low as GBX 52.60 ($0.68). Renold shares last traded at GBX 55.60 ($0.72), with a volume of 835,912 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "not rated" rating on shares of Renold in a research note on Wednesday, July 17th.

Read Our Latest Stock Report on RNO

Renold Price Performance

The stock has a 50 day moving average price of GBX 53.74 and a 200-day moving average price of GBX 55.62. The stock has a market capitalization of £108.42 million, a price-to-earnings ratio of 777.86, a price-to-earnings-growth ratio of 0.10 and a beta of 0.76. The company has a debt-to-equity ratio of 115.14, a current ratio of 1.68 and a quick ratio of 0.80.

Renold Company Profile

(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.

Featured Stories

Should you invest $1,000 in Renold right now?

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 "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?
These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines