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Renold (LON:RNO) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Renold logo with Industrials background

Renold plc (LON:RNO - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 55.89 ($0.71) and traded as high as GBX 56.80 ($0.72). Renold shares last traded at GBX 53.80 ($0.68), with a volume of 260,329 shares traded.

Renold Stock Performance

The stock has a market cap of £94.17 million, a PE ratio of 697.69, a P/E/G ratio of 0.10 and a beta of 0.76. The company has a quick ratio of 0.80, a current ratio of 1.68 and a debt-to-equity ratio of 115.14. The stock has a 50-day moving average of GBX 53.31 and a 200 day moving average of GBX 55.87.

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.

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