Renold plc (LON:RNO – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 55.55 ($0.71) and traded as low as GBX 52.60 ($0.68). Renold shares last traded at GBX 55.60 ($0.72), with a volume of 835,912 shares traded.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a “not rated” rating on shares of Renold in a research report on Wednesday, July 17th.
Read Our Latest Stock Analysis on Renold
Renold Stock Down 2.1 %
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.
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