Renishaw (OTCMKTS:RNSHF) Sets New 52-Week Low – What’s Next?

Renishaw plc (OTCMKTS:RNSHFGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as $37.45 and last traded at $37.45, with a volume of 482 shares traded. The stock had previously closed at $41.23.

Analyst Upgrades and Downgrades

Separately, Barclays raised Renishaw to a “strong sell” rating in a research report on Monday, September 23rd.

Read Our Latest Stock Report on Renishaw

Renishaw Stock Performance

The stock’s 50 day simple moving average is $45.17 and its 200 day simple moving average is $47.41.

About Renishaw

(Get Free Report)

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems.

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