Renishaw (LON:RSW) Shares Cross Above 200-Day Moving Average of $3,689.53

Shares of Renishaw plc (LON:RSW) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,689.53 ($45.57) and traded as high as GBX 4,200 ($51.88). Renishaw shares last traded at GBX 4,195 ($51.82), with a volume of 33,085 shares.

Renishaw Trading Up 3.2 %

The company has a current ratio of 6.17, a quick ratio of 3.10 and a debt-to-equity ratio of 1.69. The company has a market capitalization of £3.05 billion, a price-to-earnings ratio of 3,130.60, a PEG ratio of 3.73 and a beta of 0.76. The company has a fifty day moving average of GBX 4,208.64 and a 200-day moving average of GBX 3,689.53.

Renishaw Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 9th. Investors of record on Thursday, March 7th were issued a GBX 16.80 ($0.21) dividend. This represents a yield of 0.49%. The ex-dividend date was Thursday, March 7th. Renishaw’s dividend payout ratio is presently 5,671.64%.

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.