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

Renishaw plc (LON:RSW)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Price Performance

The company has a quick ratio of 3.10, a current ratio of 6.17 and a debt-to-equity ratio of 1.69. The firm’s 50 day simple moving average is GBX 4,210.40 and its 200 day simple moving average is GBX 3,664.10. The company has a market cap 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.

Renishaw Cuts Dividend

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