Renold (LON:RNO) Rating Reiterated by Peel Hunt

Renold (LON:RNO)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report released on Thursday, Stock Target Advisor reports.

LON:RNO opened at GBX 13.15 ($0.17) on Thursday. Renold has a one year low of GBX 13.50 ($0.18) and a one year high of GBX 39 ($0.51). The company has a debt-to-equity ratio of 2,993.75, a current ratio of 2.25 and a quick ratio of 1.20. The company’s 50-day simple moving average is GBX 16.95 and its 200 day simple moving average is GBX 20.36. The firm has a market capitalization of $29.64 million and a P/E ratio of 5.06.

About Renold

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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