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

Renold plc (LON:RNOGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 debt-to-equity ratio of 150.00, a current ratio of 1.73 and a quick ratio of 0.80. The stock has a 50-day moving average of GBX 48.03 and a 200 day moving average of GBX 51.33. The company 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.

About Renold

(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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