Renold (LON:RNO) Shares Pass Above 200 Day Moving Average of $38.35

Renold plc (LON:RNOGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 38.35 ($0.48) and traded as high as GBX 54.56 ($0.69). Renold shares last traded at GBX 53.40 ($0.67), with a volume of 355,243 shares trading hands.

Renold Stock Performance

The stock has a market capitalization of £111.17 million, a PE ratio of 762.86, a P/E/G ratio of 0.10 and a beta of 0.93. The company has a debt-to-equity ratio of 122.39, a quick ratio of 0.80 and a current ratio of 1.75. The firm’s 50 day moving average is GBX 42.06 and its two-hundred day moving average is GBX 38.35.

About Renold

(Get Free Report)

Renold plc engages manufacturing 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 through two segments, Chain and Torque Transmission. It offers inverted tooth chain; and transmission chain 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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