Renishaw (OTCMKTS:RNSHF) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Renishaw (OTCMKTS:RNSHF) from a sell rating to a hold rating in a research note released on Thursday, Zacks.com reports.

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. “

OTCMKTS RNSHF opened at $49.52 on Thursday. The stock’s 50-day simple moving average is $54.73. Renishaw has a one year low of $48.00 and a one 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.

Featured Article: Average Daily Trade Volume Explained

Get a free copy of the Zacks research report on Renishaw (RNSHF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.