Renold (LON:RNO) Share Price Crosses Above 200 Day Moving Average of $36.12

Renold plc (LON:RNOGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 36.12 ($0.45) and traded as high as GBX 42.30 ($0.53). Renold shares last traded at GBX 42 ($0.52), with a volume of 2,411,678 shares changing hands.

Renold Price Performance

The company has a quick ratio of 0.80, a current ratio of 1.75 and a debt-to-equity ratio of 122.39. The stock’s 50-day moving average price is GBX 40.19 and its 200-day moving average price is GBX 36.12. The company has a market capitalization of £87.84 million, a price-to-earnings ratio of 600.00, a price-to-earnings-growth ratio of 0.10 and a beta of 0.99.

Renold Company Profile

(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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