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Pin to quick picksRenold Share News (RNO)

Share Price Information for Renold (RNO)

London Stock Exchange
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Share Price: 58.40
Bid: 57.20
Ask: 58.80
Change: 0.60 (1.04%)
Spread: 1.60 (2.797%)
Open: 57.80
High: 59.60
Low: 57.80
Prev. Close: 57.80
RNO Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: Circassia revenue up; Renold wins new deal

Tue, 13th Jul 2021 10:48

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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SMALL-CAP - WINNERS

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Circassia Group PLC, up 12% at 33.60 pence, 12-month range 19.86p-37.90p. The biopharmaceutical company said its revenue was up 16% to GBP12.1 million in the six months to the end of June and up 10% on the second half of 2020, as more patients were able to visit its physician. Whilst Clinical revenue has yet to return fully to pre-Covid levels, sales in the first half of 2021 were 84% of underlying sales in the first half of 2019. "Management continues to implement the new business model to generate top line growth and to drive further benefit from the significantly reduced cost base in the second half," said Executive Chair Ian Johnson.

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Renold PLC, up 7.9% at 24.29 pence, 12-month range 8.1p-29.9p. The supplier of industrial chains and power transmission products said its subsidiary Renold Couplings secured a contract for the supply of flexible couplings for the second batch of the Royal Navy's Type 26 future frigate. The contract is worth GBP11 million over the next eight years.

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EnQuest PLC, up 3.3% at 21.75 pence, 12-month range 8.67p-25.20p. Barclays raises the petroleum company to Overweight from Equal Weight.

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City of London Investment Group PLC, up 2.1% at 539.20p, 12-month range 376p-560p. The investment company said funds under management were USD11.4 billion at June 30. This compares with USD5.5 billion a year before. The company said it estimates that the unaudited profit before amortisation of intangibles, exceptional merger costs and taxation will be GBP27.2 million, more than doubled from GBP10.7 million posted the year ago.

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By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Renold sees annual results above hopes

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22 Oct 2013 08:24

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Thursday broker round-up UPDATE

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27 Aug 2013 17:03

Renold to propose closing its Bredbury chain plant

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New Renold boss shows his faith after buying 1.5m shares

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30 May 2013 08:19

Thursday broker round-up UPDATE

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Renold retreats into full year loss

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28 May 2013 07:25

Tuesday broker round-up UPDATE

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1 May 2013 12:04

Renold's annual revenues fall in tough market conditions

Renold, which supplies power transmission products, said underlying revenue for the full-year fell seven per cent as challenging market conditions persisted. In a trading update ahead of its results for the year to March 31st, the group reported a drop in sales with the second half 4.0% lower tha

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1 May 2013 08:47

STOCKS NEWS EUROPE-UK small caps edge down 0.1 pct early on

The FTSE Small Cap index sheds 0.1 percent in early deals, underperforming its larger peers with the FTSE 100 up 0.4 percent and the FTSE 250 rising 0.3 percent. Renold, a supplier of industrial chains and related power transmission products, falls 2.4 percent after it reports challenging c

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27 Feb 2013 16:12

3i Chief adds 2.5m shares to stake

Simon Borrows, the Chief Executive of 3i Group, the international investor focused on mid-market private equity, this week bought 2.5m 3i shares in three tranches. The three tranches consisted of 550,000 shares purchased at 308.22p, 374,809 at 312.38p, and 1.6m at 305.84p. Altogether the purchases

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25 Feb 2013 07:26

Monday broker round-up UPDATE

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