Renold (LON:RNO) Stock Passes Above Two Hundred Day Moving Average of $0.00

Renold plc (LON:RNO)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $25.60. Renold shares last traded at $25.45, with a volume of 126,981 shares.

Separately, Peel Hunt reissued a “hold” rating and set a GBX 935 ($12.22) target price (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a report on Tuesday, July 9th.

The company has a debt-to-equity ratio of 2,993.75, a quick ratio of 1.25 and a current ratio of 2.36. The company has a fifty day simple moving average of GBX 31.50. The firm has a market capitalization of $57.37 million and a PE ratio of 7.95.

In other Renold news, insider Mark Harper bought 95,000 shares of Renold stock in a transaction that occurred on Tuesday, July 9th. The stock was purchased at an average price of GBX 25 ($0.33) per share, with a total value of £23,750 ($31,033.58).

About Renold (LON:RNO)

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.

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