Shore Capital Reaffirms “Buy” Rating for Renold (LON:RNO)

Renold (LON:RNO)‘s stock had its “buy” rating reaffirmed by Shore Capital in a research note issued on Wednesday, MarketBeat reports.

Renold Stock Down 2.0 %

Shares of RNO opened at GBX 45.20 ($0.60) on Wednesday. The company has a debt-to-equity ratio of 150.00, a quick ratio of 0.80 and a current ratio of 1.73. The stock has a market capitalization of £109.09 million, a PE ratio of 5.58, a P/E/G ratio of 0.10 and a beta of 0.76. The company’s 50-day simple moving average is GBX 41.51 and its 200-day simple moving average is GBX 47.02. Renold has a 1 year low of GBX 35.19 ($0.47) and a 1 year high of GBX 66.33 ($0.88).

Renold Company Profile

Renold plc engages in the manufacture 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 in two segments, Chain and Torque Transmission. It offers inverted tooth chain products; and transmission chain products, including general transmission, low maintenance, abrasion and corrosion resistant, and drive chain, as well as klik-top polymer block chain and standard attachment chain.