Renold (LON:RNO) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Renold plc (LON:RNOGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 54.38 ($0.68) and traded as low as GBX 45.70 ($0.58). Renold shares last traded at GBX 49.70 ($0.63), with a volume of 107,036 shares changing hands.

Renold Stock Up 4.2 %

The company has a current ratio of 1.68, a quick ratio of 0.80 and a debt-to-equity ratio of 115.14. The business’s fifty day moving average price is GBX 50.12 and its 200 day moving average price is GBX 54.30. The company has a market capitalization of £98.33 million, a P/E ratio of 710.00, a P/E/G ratio of 0.10 and a beta of 0.76.

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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