Renold (LON:RNO) Stock Rating Reaffirmed by Peel Hunt

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Peel Hunt reiterated their buy rating on shares of Renold (LON:RNO) in a research report report published on Monday morning, ThisIsMoney.Co.Uk reports.

LON:RNO opened at GBX 22 ($0.29) on Monday. The company has a current ratio of 2.36, a quick ratio of 1.25 and a debt-to-equity ratio of 2,993.75. The firm has a market capitalization of $49.59 million and a price-to-earnings ratio of 6.88. The firm’s fifty day simple moving average is GBX 22.66 and its 200 day simple moving average is GBX 27.66. Renold has a twelve month low of GBX 21 ($0.27) and a twelve month high of GBX 39 ($0.51).

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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