Renishaw (LON:RSW) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Renishaw plc (LON:RSWGet Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,410.53 ($42.44) and traded as high as GBX 3,415 ($42.49). Renishaw shares last traded at GBX 3,385 ($42.12), with a volume of 3,069,783 shares.

Renishaw Trading Down 1.2 %

The company has a debt-to-equity ratio of 2.05, a quick ratio of 3.10 and a current ratio of 5.81. The business has a 50 day simple moving average of GBX 3,291.35 and a 200-day simple moving average of GBX 3,410.53. The stock has a market capitalization of £2.46 billion, a P/E ratio of 2,545.11, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63.

About Renishaw

(Get Free Report)

We are a world leader in measuring and manufacturing systems.

Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.

We are guided by our purpose: Transforming Tomorrow Together.

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