Renold plc (LON:RNO - Get Free Report) shares were down 7.8% during mid-day trading on Wednesday . The stock traded as low as GBX 49.10 ($0.62) and last traded at GBX 49.63 ($0.63). Approximately 195,668 shares were traded during trading, a decline of 75% from the average daily volume of 785,568 shares. The stock had previously closed at GBX 53.80 ($0.68).
Renold Trading Down 11.5 %
The company has a current ratio of 1.68, a quick ratio of 0.80 and a debt-to-equity ratio of 115.14. The firm has a market cap of £94.17 million, a PE ratio of 697.69, a PEG ratio of 0.10 and a beta of 0.76. The firm has a fifty day simple moving average of GBX 53.31 and a two-hundred day simple moving average of GBX 55.87.
About Renold
(
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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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