Renold (LON:RNO - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Shore Capital in a note issued to investors on Tuesday, MarketBeat.com reports.
Renold Stock Down 2.8 %
Renold stock traded down GBX 1.30 ($0.02) during midday trading on Tuesday, reaching GBX 45.20 ($0.60). The company's stock had a trading volume of 565,315 shares, compared to its average volume of 685,799. The company has a debt-to-equity ratio of 150.00, a current ratio of 1.73 and a quick ratio of 0.80. The stock has a market capitalization of £109.09 million, a P/E ratio of 5.58, a PEG ratio of 0.10 and a beta of 0.76. The stock's 50-day simple moving average is GBX 41.62 and its 200-day simple moving average is GBX 47.24. Renold has a 52-week low of GBX 35.19 ($0.47) and a 52-week high of GBX 66.33 ($0.88).
About Renold
(
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.
Featured Articles
Before you consider Renold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Renold wasn't on the list.
While Renold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
