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Renold (LON:RNO) Stock Passes Below 200 Day Moving Average - Here's What Happened

Renold logo with Industrials background

Shares of Renold plc (LON:RNO - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 53.78 ($0.67) and traded as low as GBX 47.40 ($0.59). Renold shares last traded at GBX 47.50 ($0.59), with a volume of 235,167 shares trading hands.

Renold Trading Down 1.1 %

The company has a debt-to-equity ratio of 115.14, a quick ratio of 0.80 and a current ratio of 1.68. The company has a market capitalization of £92.98 million, a P/E ratio of 671.43, a PEG ratio of 0.10 and a beta of 0.76. The company's fifty day simple moving average is GBX 49.72 and its 200-day simple moving average is GBX 53.74.

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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