US EditionDown 65% from its highs, this FTSE 250 stock is one to consider buying low
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Down 65% from its highs, this FTSE 250 stock is one to consider buying low
Four years ago, shares in Renishaw (LSE:RSW) were trading at £64.75. Today, the FTSE 250 stock has a price of £22.20. That makes it look as though a lot has gone wrong with the business. But I think the reality is quite different and things aren’t nearly as bad as they look. Why is the stock down? Renishaw is one of the leading manufacturers of precision measuring equipment. Its products are used in production facilities for things like medica…
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