Renishaw (OTCMKTS:RNSHF) Shares Down 15.1% – Here’s What Happened

Renishaw plc (OTCMKTS:RNSHFGet Free Report) fell 15.1% during trading on Friday . The stock traded as low as $38.30 and last traded at $38.30. 1,202 shares changed hands during mid-day trading, an increase of 85% from the average session volume of 651 shares. The stock had previously closed at $45.09.

Renishaw Price Performance

The stock has a 50-day simple moving average of $42.71 and a two-hundred day simple moving average of $43.74.

About Renishaw

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Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems.

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