Renold (LON:RNO) Shares Cross Above 200 Day Moving Average of $23.61

Renold plc (LON:RNO – Get Rating) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 23.61 ($0.28) and traded as high as GBX 27 ($0.32). Renold shares last traded at GBX 26.60 ($0.32), with a volume of 397,042 shares.

Renold Price Performance

The stock has a 50-day moving average price of GBX 25.13 and a 200 day moving average price of GBX 23.61. The company has a debt-to-equity ratio of 192.16, a current ratio of 1.76 and a quick ratio of 0.80. The firm has a market cap of £59.96 million, a price-to-earnings ratio of 665.00, a PEG ratio of 0.10 and a beta of 1.07.

Renold Company Profile

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