Renold’s (RNO) “Buy” Rating Reiterated at Shore Capital

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

Renold Stock Down 1.5 %

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

About Renold

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.