Renold (LON:RNO) Stock Passes Above Two Hundred Day Moving Average of $38.35

Renold plc (LON:RNOGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 Trading Down 0.5 %

The business’s 50-day simple moving average is GBX 42.06 and its 200-day simple moving average is GBX 38.35. The company has a market cap of £111.17 million, a price-to-earnings ratio of 762.86, a PEG ratio of 0.10 and a beta of 0.93. The company has a debt-to-equity ratio of 122.39, a current ratio of 1.75 and a quick ratio of 0.80.

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.

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