Renishaw (RNSHF) Stock Rating Lowered by Zacks Investment Research

Renishaw (OTCMKTS:RNSHF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

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. “

Shares of RNSHF remained flat at $$62.50 on Tuesday. The stock had a trading volume of 25 shares, compared to its average volume of 182. The company has a market capitalization of $4.55 billion, a PE ratio of 37.20 and a beta of 0.21. Renishaw has a 1-year low of $60.50 and a 1-year high of $74.00.

About Renishaw

Renishaw plc, a metrology company, designs, manufactures, distributes, sells, and services metrology and healthcare products worldwide. The company offers metrology products, including additive manufacturing systems, co-ordinate measuring machine products, machine tool probe systems, styli for probe systems, performance testing products, gauging systems, fixtures, and position encoders.

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