Renishaw (LON:RSW) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Renishaw plc (LON:RSWGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,395.98 ($42.27) and traded as high as GBX 3,640 ($45.31). Renishaw shares last traded at GBX 3,580 ($44.56), with a volume of 45,407 shares changing hands.

Renishaw Price Performance

The stock has a 50 day moving average of GBX 3,379.31 and a 200-day moving average of GBX 3,395.98. The company has a debt-to-equity ratio of 2.05, a quick ratio of 3.10 and a current ratio of 5.81. The company has a market cap of £2.39 billion, a PE ratio of 2,471.80, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63.

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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