RENISHAW PLC 20 (OTCMKTS:RNSHF – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 159 shares, a growth of 91.6% from the September 15th total of 83 shares. Based on an average daily trading volume, of 74 shares, the short-interest ratio is presently 2.1 days. Currently, 0.0% of the shares of the company are sold short.
RENISHAW PLC 20 Stock Performance
Shares of OTCMKTS:RNSHF opened at $67.06 on Thursday. RENISHAW PLC 20 has a 52-week low of $42.18 and a 52-week high of $73.71. The business has a 50-day moving average price of $68.49 and a 200-day moving average price of $66.89.
Analysts Set New Price Targets
Separately, Jefferies Financial Group raised shares of RENISHAW PLC 20 from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.
About RENISHAW PLC 20
Renishaw plc is a United Kingdom-based engineering technology company that develops and manufactures precision measurement, manufacturing and healthcare products. Its solutions are used by manufacturers, engineers and researchers to improve accuracy, quality control and production efficiency across a range of industrial applications.
The company’s products include coordinate measuring machine probes, machine-tool probing systems, position encoders, calibration equipment and industrial gauging systems.
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