Renold (LON:RNO) Given Buy Rating at Shore Capital

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

Renold Trading Up 1.2 %

Shares of Renold stock opened at GBX 38.96 ($0.51) on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.73 and a debt-to-equity ratio of 150.00. Renold has a 12-month low of GBX 35.19 ($0.46) and a 12-month high of GBX 66.33 ($0.86). The company has a market capitalization of £94.03 million, a price-to-earnings ratio of 4.81, a PEG ratio of 0.10 and a beta of 0.76. The firm’s 50-day moving average price is GBX 45.49 and its two-hundred day moving average price is GBX 49.68.

Renold Company Profile

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.