Renishaw (LON:RSW) Shares Cross Above 200 Day Moving Average of $3,657.33

Renishaw plc (LON:RSW)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,657.33 ($45.53) and traded as high as GBX 4,170 ($51.91). Renishaw shares last traded at GBX 4,035 ($50.23), with a volume of 44,097 shares.

Renishaw Stock Performance

The company has a current ratio of 6.17, a quick ratio of 3.10 and a debt-to-equity ratio of 1.69. The company has a market cap of £2.94 billion, a price-to-earnings ratio of 3,011.19, a P/E/G ratio of 3.73 and a beta of 0.76. The stock has a 50 day moving average price of GBX 4,213.40 and a two-hundred day moving average price of GBX 3,657.33.

Renishaw Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 9th. Stockholders of record on Thursday, March 7th were issued a dividend of GBX 16.80 ($0.21) per share. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend was Thursday, March 7th. Renishaw’s dividend payout ratio (DPR) is presently 5,671.64%.

Renishaw Company Profile

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems.