Renold (LON:RNO – Get Free Report) posted its earnings results on Wednesday. The company reported GBX 9 ($0.12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Renold had a net margin of 7.08% and a return on equity of 32.63%.
Renold Stock Performance
LON RNO opened at GBX 80.60 ($1.10) on Wednesday. The firm has a market cap of £194.53 million, a price-to-earnings ratio of 9.95, a PEG ratio of 0.10 and a beta of 0.76. The company has a fifty day moving average price of GBX 69.62 and a 200-day moving average price of GBX 53.46. The company has a debt-to-equity ratio of 150.00, a current ratio of 1.73 and a quick ratio of 0.80. Renold has a 1 year low of GBX 35.19 ($0.48) and a 1 year high of GBX 88 ($1.20).
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a “buy” rating on shares of Renold in a research note on Tuesday, May 20th.
About Renold
Renold plc engages in the manufacture and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally. The company operates in two segments, Chain and Torque Transmission. It offers inverted tooth chain products; and transmission chain products, including general transmission, low maintenance, abrasion and corrosion resistant, and drive chain, as well as klik-top polymer block chain and standard attachment chain.
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