Renishaw (OTCMKTS:RNSHF) Hits New 52-Week Low – Time to Sell?

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

Analysts Set New Price Targets

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

View Our Latest Report on Renishaw

Renishaw Trading Down 9.2 %

The firm’s 50 day simple moving average is $45.43 and its 200-day simple moving average is $47.58.

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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