Shore Capital Reaffirms “Buy” Rating for Renold (LON:RNO)

Renold (LON:RNO)‘s stock had its “buy” rating reissued by Shore Capital in a research note issued on Tuesday,Digital Look reports.

Renold Stock Up 4.9 %

Shares of RNO stock opened at GBX 40.30 ($0.52) on Tuesday. 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 firm’s 50-day moving average is GBX 45.35 and its 200-day moving average is GBX 49.58. The stock has a market cap of £97.26 million, a price-to-earnings ratio of 4.98, a PEG ratio of 0.10 and a beta of 0.76. Renold has a 52-week low of GBX 35.19 ($0.46) and a 52-week high of GBX 66.33 ($0.86).

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.