Renold plc (LON:RNO - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 47.07 ($0.62) and traded as low as GBX 44.50 ($0.59). Renold shares last traded at GBX 45.60 ($0.60), with a volume of 364,409 shares changing hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of Renold in a research note on Tuesday, April 15th.
Check Out Our Latest Research Report on Renold
Renold Trading Up 0.9 %
The company has a debt-to-equity ratio of 150.00, a quick ratio of 0.80 and a current ratio of 1.73. The company has a market cap of £110.06 million, a price-to-earnings ratio of 5.63, a P/E/G ratio of 0.10 and a beta of 0.76. The company's fifty day moving average is GBX 41.56 and its two-hundred day moving average is GBX 47.07.
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.
Further Reading
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