Renold (LON:RNO) Shares Pass Below 200 Day Moving Average - Time to Sell?

Renold plc (LON:RNO - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 52.25 ($0.65) and traded as low as GBX 50.20 ($0.63). Renold shares last traded at GBX 51.60 ($0.64), with a volume of 38,493 shares.

Renold Price Performance

The stock has a market cap of £99.91 million, a price-to-earnings ratio of 721.43, a price-to-earnings-growth 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 company's 50-day moving average is GBX 48.83 and its 200-day moving average is GBX 52.20.

Renold (LON:RNO - Get Free Report) last released its quarterly earnings results on Wednesday, November 20th. The company reported GBX 4.20 ($0.05) EPS for the quarter. Renold had a net margin of 7.08% and a return on equity of 38.30%. Equities research analysts expect that Renold plc will post 7.7333333 earnings per share for the current fiscal year.

Renold Company Profile

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.