Renold (LON:RNO) Shares Pass Below 200-Day Moving Average of $25.71

Renold plc (LON:RNOGet Rating) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 25.71 ($0.32) and traded as low as GBX 24.30 ($0.30). Renold shares last traded at GBX 24.30 ($0.30), with a volume of 134,788 shares trading hands.

Renold Trading Down 0.8 %

The company has a debt-to-equity ratio of 625.86, a current ratio of 1.70 and a quick ratio of 0.80. The stock has a market capitalization of £54.78 million and a PE ratio of 607.50. The stock’s 50 day simple moving average is GBX 27.04 and its two-hundred day simple moving average is GBX 25.71.

About Renold

(Get Rating)

Renold plc manufactures and sells high precision engineered power transmission products in the United Kingdom, rest of Europe, Americas, Australasia, China, India, and internationally. The company operates through two segments, Chain and Torque Transmission. It offers standard, welded steel, trident, and draw bench conveyor chains, as well as conveyor chains for theme parks; and bucket elevator, escalator, heavy duty drag, and waste water treatment chains, as well as standard attachments.

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