Renold (LON:RNO) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Renold plc (LON:RNOGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 73.98 and traded as high as GBX 82. Renold shares last traded at GBX 81.90, with a volume of 998,771 shares.

Renold Trading Up 0.1%

The firm has a market capitalization of £163.16 million, a PE ratio of 12.41, a P/E/G ratio of 0.10 and a beta of 0.76. The company has a quick ratio of 0.80, a current ratio of 1.73 and a debt-to-equity ratio of 150.00. The business’s fifty day moving average price is GBX 81.11 and its 200 day moving average price is GBX 73.98.

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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