Renold (RNO)

Sector:

Engineering

Index:

FTSE AIM All-Share

46.20p
   
  • Change Today:
    -1.40p
  • 52 Week High: 64.80p
  • 52 Week Low: 31.90p
  • Currency: UK Pounds
  • Shares Issued: 225.42m
  • Volume: 984,011
  • Market Cap: £104.14m
  • RiskGrade: 260
  • Beta: 0.67

Renold renews partnership with British Cycling

By Michele Maatouk

Date: Friday 17 May 2024

LONDON (ShareCast) - (Sharecast News) - Renold said on Friday that it has renewed its partnership with British Cycling for a further three years.
As part of the partnership, the company - which supplies industrial chains and related power transmission products - will continue to provide bespoke bike chains for the Great Britain Cycling Team.

Renold noted that since the Rio 2016 Olympic Games, it has created a specific Olympic chain, which has supported continued success on the track.

The chain evolved through to the Tokyo Games, for which an entirely new chain was unveiled, offering more efficiency than previous models.

The renewed partnership will see over 100 bespoke chains manufactured for the British Olympic and Paralympic teams at the Paris 2024 Olympic and Paralympic Games this summer.

Rodrigo Andres, Renold Chain Europe's commercial director, said: "We are very proud to work with British Cycling and play our part in the success of one of the most successful track cycling teams in the world.

"The fact that Renold has been British Cycling's chosen chain partner for well over a decade illustrates the outstanding, market leading, quality and performance offered by our highly engineered chains. We wish the team every success in the coming Olympics and all future competitions."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Renold Market Data

Currency UK Pounds
Share Price 46.20p
Change Today -1.40p
% Change -2.94 %
52 Week High 64.80p
52 Week Low 31.90p
Volume 984,011
Shares Issued 225.42m
Market Cap £104.14m
Beta 0.67
RiskGrade 260

Renold Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.71% below the market average25.71% below the market average25.71% below the market average25.71% below the market average25.71% below the market average
3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average
Price Trend
55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
44.72% below the market average44.72% below the market average44.72% below the market average44.72% below the market average44.72% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
62.74% above the market average62.74% above the market average62.74% above the market average62.74% above the market average62.74% above the market average
78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
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Total 1
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Renold Dividends

  Latest Previous
  Final Final
Ex-Div 08-Aug-24 n/a
Paid 17-Sep-24 n/a
Amount 0.50p 0.000p

Trades for 21-Nov-2024

Time Volume / Share Price
16:29 1 @ 46.50p
16:29 1 @ 46.50p
16:28 55 @ 46.30p
16:28 5 @ 46.30p
16:28 1 @ 46.50p

Renold Key Personnel

CEO Robert Purcell
Chair David F Landless

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