Renishaw (LON:RSW) Hits New 1-Year Low – Should You Sell?

Renishaw plc (LON:RSWGet Free Report) reached a new 52-week low on Monday . The stock traded as low as GBX 2,930 ($37.14) and last traded at GBX 2,940 ($37.26), with a volume of 35229 shares trading hands. The stock had previously closed at GBX 3,062.05 ($38.81).

Renishaw Stock Performance

The business’s fifty day moving average is GBX 3,342.30 and its two-hundred day moving average is GBX 3,368.28. The stock has a market capitalization of £2.09 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63. The company has a quick ratio of 3.10, a current ratio of 5.81 and a debt-to-equity ratio of 2.05.

Renishaw (LON:RSWGet Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported GBX 63.20 ($0.80) EPS for the quarter. Renishaw had a return on equity of 10.94% and a net margin of 14.02%. As a group, research analysts anticipate that Renishaw plc will post 159.8984772 EPS 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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