Renk Group AG

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Renk Group AG (R3NK) Price Performance

Renk Group AG (R3NK) trades on XETRA (Frankfurt) in EUR. The company is classified in the Industrials sector under the Aerospace & Defense industry. The stock currently trades at EUR55.01, up 3.95% from the previous close.

Over the past year, R3NK has traded between a low of EUR47.01 and a high of EUR88.44. The stock has gained 10.0% over this period. It is currently 37.8% below its 52-week high.

Renk Group AG has a market capitalization of $5.50B, with a price-to-earnings ratio of 55.01 and a dividend yield of 1.10%.

About Renk Group AG

RENK Group AG engages in the design, engineering, production, testing, and servicing of customized drive systems in Asia, Germany, the United States, Africa, Australia, Oceania, and other European and European Union countries. The company operates through three segments: Vehicle Mobility Solutions, Marine & Industry, and Slide Bearings. It offers single and dual engine gearboxes; marine gearboxes, clutches, and bearings; shaft generators; hybrid and electric, and onboard power grid solutions; transmissions, engines, final drives, suspension systems, and track tension; and electrification and hybrid mobility solutions. The company also provides helical, planetary, integral, vacuum, and clutch gearboxes; variable speed systems; and industrial gearboxes for mills, extruders, and hydropower plants. In addition, it offers slide bearings, couplings, and test systems. The company also provides engineering, condition monitoring, maintenance and modernization, and spare parts management services; mechanical and gear manufacturing, hardening, and metrology services; marine services, including evaluation and design of propulsion system, and power distribution and grid design; design of suspension for military vehicle; and spare parts management, contract manufacturing, and test systems. The company serves military vehicles, marine, civil maritime, cement and plastics production, and oil and gas industries, as well as customers in hydrogen, energy generation, carbon capture, utilization and storage, and industrial heat pump applications. RENK Group AG was founded in 1873 and is headquartered in Augsburg, Germany.

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