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

by · The Cerbat Gem

Shore Capital restated their buy rating on shares of Renold (LON:RNO – Free Report) in a research report report published on Tuesday morning,Digital Look reports.

Renold Stock Performance

Shares of RNO opened at GBX 39.70 ($0.51) on Tuesday. The company has a current ratio of 1.73, a quick ratio of 0.80 and a debt-to-equity ratio of 150.00. The firm has a market cap of £95.82 million, a PE ratio of 4.90, a price-to-earnings-growth ratio of 0.10 and a beta of 0.76. The company’s 50 day simple moving average is GBX 45.19 and its 200-day simple moving average is GBX 49.47. Renold has a 12-month low of GBX 35.19 ($0.46) and a 12-month high of GBX 66.33 ($0.86).

About Renold

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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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