Renishaw (LON:RSW) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Renishaw plc (LON:RSWGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,397.23 ($42.40) and traded as high as GBX 3,555 ($44.37). Renishaw shares last traded at GBX 3,459.79 ($43.18), with a volume of 92,845 shares.

Renishaw Trading Down 0.4 %

The company has a debt-to-equity ratio of 2.05, a current ratio of 5.81 and a quick ratio of 3.10. The stock has a market capitalization of £2.52 billion, a price-to-earnings ratio of 2,601.34, a PEG ratio of 3.73 and a beta of 0.63. The business has a 50 day simple moving average of GBX 3,336.11 and a 200-day simple moving average of GBX 3,397.23.

Renishaw Company Profile

(Get Free Report)

We are a world leader in measuring and manufacturing systems.

Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.

We are guided by our purpose: Transforming Tomorrow Together.

Featured Articles

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