Renishaw plc (OTCMKTS:RNSHF) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $44.50 and last traded at $49.00, with a volume of 3000 shares trading hands. The stock had previously closed at $44.50.

A number of research analysts have recently issued reports on the company. ValuEngine raised Renishaw from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Zacks Investment Research lowered Renishaw from a “hold” rating to a “strong sell” rating in a research note on Friday, August 9th.

The stock has a 50 day simple moving average of $45.76 and a 200 day simple moving average of $52.19.

About Renishaw (OTCMKTS:RNSHF)

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.

Further Reading: What is a bull market?

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.