Renishaw (OTCMKTS:RNSHF) Sets New 52-Week Low – Should You Sell?
by Michael Walen · The Markets DailyRenishaw plc (OTCMKTS:RNSHF – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $30.34 and last traded at $30.34, with a volume of 6345 shares. The stock had previously closed at $33.68.
Renishaw Price Performance
The firm has a fifty day simple moving average of $39.29 and a two-hundred day simple moving average of $41.91.
Renishaw Company Profile
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.
Featured Stories
- Five stocks we like better than Renishaw
- What Does Downgrade Mean in Investing?
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- What Makes a Stock a Good Dividend Stock?
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?