Renishaw (LON:RSW) Sets New 52-Week Low – Should You Sell?

Renishaw plc (LON:RSWGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 2,615 ($33.67) and last traded at GBX 2,685 ($34.57), with a volume of 9741 shares trading hands. The stock had previously closed at GBX 2,675 ($34.44).

Renishaw Stock Down 0.8 %

The company has a market capitalization of £1.89 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 3.73 and a beta of 0.63. The company’s fifty day moving average is GBX 3,111.43 and its 200-day moving average is GBX 3,262.17. The company has a debt-to-equity ratio of 2.05, a quick ratio of 3.10 and a current ratio of 5.81.

Renishaw (LON:RSWGet Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported GBX 63.20 ($0.81) earnings per share (EPS) for the quarter. Renishaw had a net margin of 14.02% and a return on equity of 10.94%. As a group, analysts predict that Renishaw plc will post 159.8984772 EPS for the current fiscal year.

Renishaw Company Profile

(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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