Posted by admin on Aug 2nd, 2022
Renold plc (LON:RNO – Get Rating)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 25.71 ($0.32) and traded as low as GBX 24.30 ($0.30). Renold shares last traded at GBX 24.30 ($0.30), with a volume of 134,788 shares.
The stock’s fifty day moving average price is GBX 27.04 and its 200 day moving average price is GBX 25.71. The stock has a market cap of £54.78 million and a P/E ratio of 607.50. The company has a current ratio of 1.70, a quick ratio of 0.80 and a debt-to-equity ratio of 625.86.
Renold plc manufactures and sells high precision engineered power transmission products in the United Kingdom, rest of Europe, Americas, Australasia, China, India, and internationally. The company operates through two segments, Chain and Torque Transmission. It offers standard, welded steel, trident, and draw bench conveyor chains, as well as conveyor chains for theme parks; and bucket elevator, escalator, heavy duty drag, and waste water treatment chains, as well as standard attachments.
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