Renold (RNO) Receives “Buy” Rating from Peel Hunt

Renold (LON:RNO)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a research report issued to clients and investors on Thursday, April 11th, ThisIsMoney.Co.Uk reports.

Shares of RNO stock remained flat at $GBX 33.45 ($0.44) during mid-day trading on Thursday. 20 shares of the company’s stock traded hands, compared to its average volume of 116,013. The stock has a market capitalization of $75.40 million and a price-to-earnings ratio of -47.79. The company has a current ratio of 2.02, a quick ratio of 1.08 and a debt-to-equity ratio of 614.09. Renold has a 1-year low of GBX 22 ($0.29) and a 1-year high of GBX 40.80 ($0.53).

Renold Company Profile

Renold plc manufactures and sells high precision engineered and power transmission products in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Chain and Torque Transmission. It offers standard, welded steel, trident, and draw bench conveyor chains, as well as conveyor chains for theme parks; and bucket elevator, escalator, heavy duty drag, and waste water treatment chains, as well as standard attachments.

Recommended Story: Why is momentum important to successful trading?

Receive News & Ratings for Renold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renold and related companies with MarketBeat.com's FREE daily email newsletter.