Renold’s (RNO) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Renold (LON:RNO) in a research report report published on Thursday morning, Stock Target Advisor reports.

Shares of RNO traded down GBX 1.17 ($0.02) during midday trading on Thursday, hitting GBX 13.15 ($0.17). The stock had a trading volume of 334,583 shares, compared to its average volume of 116,013. Renold has a 1 year low of GBX 13.50 ($0.18) and a 1 year high of GBX 39 ($0.51). The firm has a market cap of $29.64 million and a PE ratio of 5.06. The company has a debt-to-equity ratio of 2,993.75, a current ratio of 2.25 and a quick ratio of 1.20. The stock’s 50 day moving average is GBX 16.95 and its 200 day moving average is GBX 20.36.

Renold Company Profile

Renold plc manufactures and sells high precision engineered and power transmission products in the United Kingdom, rest of Europe, North America, and internationally. The company operates in 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.

See Also: Profit Margin

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