Renishaw (LON:RSW) Sets New 12-Month Low – Should You Sell?

Renishaw plc (LON:RSWGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 2,785 ($35.39) and last traded at GBX 2,805 ($35.65), with a volume of 141315 shares trading hands. The stock had previously closed at GBX 2,910 ($36.98).

Renishaw Stock Down 2.7 %

The firm’s 50 day simple moving average is GBX 3,306.14 and its 200-day simple moving average is GBX 3,349.56. The company has a current ratio of 5.81, a quick ratio of 3.10 and a debt-to-equity ratio of 2.05. The stock has a market capitalization of £2.04 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63.

Renishaw (LON:RSWGet Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported GBX 63.20 ($0.80) EPS for the quarter. Renishaw had a net margin of 14.02% and a return on equity of 10.94%. Equities analysts expect that Renishaw plc will post 159.8984772 earnings per share for the current fiscal year.

About Renishaw

(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.

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