Renishaw (NASDAQ:RNSHF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

According to Zacks, “Renishaw plc is an engineering and scientific technology company. Its product includes metrology and inspection equipment, spectroscopy systems and computer aided design and manufacturing systems. Renishaw plc is headquartered in Wotton-under-Edge, the United Kingdom. “

Renishaw (RNSHF) remained flat at $63.00 during midday trading on Wednesday. 5 shares of the stock were exchanged. The stock has a market capitalization of $4.59 billion and a P/E ratio of 39.06. The stock’s 50-day moving average price is $62.27 and its 200-day moving average price is $61.75. Renishaw has a 52 week low of $30.35 and a 52 week high of $66.30.

TRADEMARK VIOLATION WARNING: “Zacks Investment Research Lowers Renishaw (RNSHF) to Sell” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at

Receive News & Stock Ratings for Renishaw Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renishaw and related stocks with our FREE daily email newsletter.