Shore Capital Reaffirms Buy Rating for Renold (LON:RNO)

Shore Capital reiterated their buy rating on shares of Renold (LON:RNO) in a report published on Wednesday morning, Marketbeat.com reports.

Renold Stock Performance

Shares of RNO opened at GBX 46.51 ($0.62) on Wednesday. The firm has a market capitalization of £112.25 million, a P/E ratio of 5.74, a PEG ratio of 0.10 and a beta of 0.76. The company has a debt-to-equity ratio of 150.00, a current ratio of 1.73 and a quick ratio of 0.80. Renold has a one year low of GBX 35.19 ($0.47) and a one year high of GBX 66.33 ($0.88). The business has a fifty day moving average of GBX 41.54 and a 200 day moving average of GBX 47.03.

Renold Company Profile

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.