Renishaw (OTCMKTS:RNSHF) Hits New 1-Year Low – What’s Next?

Shares of Renishaw plc (OTCMKTS:RNSHFGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $37.45 and last traded at $37.45, with a volume of 482 shares changing hands. The stock had previously closed at $41.23.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Renishaw to a “strong sell” rating in a report on Monday, September 23rd.

View Our Latest Stock Analysis on RNSHF

Renishaw Stock Performance

The stock has a fifty day moving average price of $45.17 and a two-hundred day moving average price of $47.41.

About Renishaw

(Get Free Report)

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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