Shore Capital Reiterates Buy Rating for Renold (LON:RNO)

Renold (LON:RNO)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research note issued on Tuesday, Marketbeat.com reports.

Renold Price Performance

LON RNO opened at GBX 46.50 ($0.62) on Tuesday. Renold has a 1 year low of GBX 35.19 ($0.47) and a 1 year high of GBX 66.33 ($0.88). The stock’s 50-day moving average price is GBX 41.85 and its two-hundred day moving average price is GBX 47.27. The company has a market cap of £112.23 million, a PE ratio of 5.74, a PEG ratio of 0.10 and a beta of 0.76. The company has a current ratio of 1.73, a quick ratio of 0.80 and a debt-to-equity ratio of 150.00.

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.