Renishaw (LON:RSW) Stock Price Crosses Above 200 Day Moving Average of $3,657.33

Shares of Renishaw plc (LON:RSW) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,657.33 ($45.53) and traded as high as GBX 4,170 ($51.91). Renishaw shares last traded at GBX 4,035 ($50.23), with a volume of 44,097 shares trading hands.

Renishaw Stock Down 2.3 %

The firm has a 50-day moving average of GBX 4,213.40 and a two-hundred day moving average of GBX 3,657.33. The stock has a market capitalization of £2.94 billion, a price-to-earnings ratio of 3,011.19, a price-to-earnings-growth ratio of 3.73 and a beta of 0.76. The company has a quick ratio of 3.10, a current ratio of 6.17 and a debt-to-equity ratio of 1.69.

Renishaw Cuts Dividend

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

About Renishaw

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.