Renold (RNO) Given Buy Rating at Peel Hunt

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Renold (LON:RNO)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Shares of Renold stock opened at GBX 29 ($0.38) on Monday. The firm has a market cap of $65.37 million and a PE ratio of -41.43. 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 12-month low of GBX 22 ($0.29) and a 12-month 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.

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