Renold (LON:RNO) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Shares of Renold plc (LON:RNOGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 51.41 ($0.65) and traded as low as GBX 38.20 ($0.48). Renold shares last traded at GBX 40.50 ($0.51), with a volume of 2,128,415 shares traded.

Renold Stock Up 1.9 %

The company has a current ratio of 1.73, a quick ratio of 0.80 and a debt-to-equity ratio of 150.00. The stock has a market cap of £99.59 million, a P/E ratio of 5.10, a PEG ratio of 0.10 and a beta of 0.76. The firm has a 50-day simple moving average of GBX 48.03 and a two-hundred day simple moving average of GBX 51.33.

Renold Company Profile

(Get Free Report)

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.

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