Renishaw plc (LON:RSW – Get Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 3,281.78 ($40.09) and last traded at GBX 3,281.78 ($40.09), with a volume of 1184 shares changing hands. The stock had previously closed at GBX 3,350 ($40.92).
Renishaw Price Performance
The business has a 50-day simple moving average of GBX 3,537.02 and a 200 day simple moving average of GBX 3,727.99. The firm has a market cap of £2.30 billion, a P/E ratio of 1,973.75, a price-to-earnings-growth ratio of 3.73 and a beta of 0.71. The company has a debt-to-equity ratio of 1.49, a quick ratio of 3.10 and a current ratio of 5.60.
Renishaw Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, December 7th. Shareholders of record on Thursday, November 2nd will be given a dividend of GBX 59.40 ($0.73) per share. This is a positive change from Renishaw’s previous dividend of $16.80. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a yield of 1.61%. Renishaw’s dividend payout ratio is presently 4,750.00%.
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.
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