Renold (LON:RNO) Earns “Buy” Rating from Shore Capital

Renold (LON:RNO)‘s stock had its “buy” rating restated by analysts at Shore Capital in a report released on Tuesday,Digital Look reports.

Renold Stock Up 1.2 %

Shares of Renold stock traded up GBX 0.46 ($0.01) on Tuesday, hitting GBX 38.96 ($0.51). The company had a trading volume of 1,784,033 shares, compared to its average volume of 618,856. The firm has a market capitalization of £94.03 million, a P/E ratio of 4.81, a P/E/G ratio of 0.10 and a beta of 0.76. Renold has a twelve month low of GBX 35.19 ($0.46) and a twelve month high of GBX 66.33 ($0.86). 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 45.49 and a 200-day moving average of GBX 49.68.

About Renold

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.