Renishaw (LON:RSW) Reaches New 1-Year Low – Time to Sell?

Renishaw plc (LON:RSW) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2,930 ($37.08) and last traded at GBX 2,940 ($37.21), with a volume of 35229 shares. The stock had previously closed at GBX 3,062.05 ($38.75).

Renishaw Trading Down 3.3 %

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 firm has a market cap of £2.13 billion, a P/E ratio of 21.99, a P/E/G ratio of 3.73 and a beta of 0.63. The firm has a 50 day simple moving average of GBX 3,359.50 and a 200 day simple moving average of GBX 3,375.88.

Renishaw (LON:RSW) last posted its earnings results on Thursday, February 13th. The company reported GBX 63.20 ($0.80) earnings per share for the quarter. Renishaw had a net margin of 14.02% and a return on equity of 10.94%. On average, equities research analysts predict that Renishaw plc will post 159.8984772 EPS for the current fiscal year.

Renishaw Company Profile

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.