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Renold (LON:RNO) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

Renold logo with Industrials background

Shares of Renold plc (LON:RNO - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 53.37 ($0.65) and traded as low as GBX 47.87 ($0.59). Renold shares last traded at GBX 48.10 ($0.59), with a volume of 255,672 shares changing hands.

Renold Price Performance

The stock has a market cap of £95.36 million, a price-to-earnings ratio of 688.57, a PEG ratio of 0.10 and a beta of 0.76. The company has a 50-day moving average of GBX 49.22 and a 200-day moving average of GBX 53.34. The company has a debt-to-equity ratio of 115.14, a quick ratio of 0.80 and a current ratio of 1.68.

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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