Ricardo (LON:RCDO) Stock Passes Above 200-Day Moving Average of $703.61
Shares of Ricardo plc (LON:RCDO) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $703.61 and traded as high as $724.76. Ricardo shares last traded at $694.00, with a volume of 4,337 shares changing hands.
A number of brokerages have recently weighed in on RCDO. Peel Hunt reiterated a “hold” rating on shares of Ricardo in a report on Monday, September 9th. Liberum Capital reaffirmed a “buy” rating on shares of Ricardo in a research report on Friday.
The company has a market cap of $373.84 million and a price-to-earnings ratio of 18.97. The business has a 50-day simple moving average of GBX 672.23 and a two-hundred day simple moving average of GBX 702.54. The company has a quick ratio of 1.74, a current ratio of 2.04 and a debt-to-equity ratio of 48.69.
Ricardo Company Profile (LON:RCDO)
Ricardo plc primarily provides engineering, technical, environmental, and strategic consultancy services for transportation original equipment manufacturers and operators, energy companies, financial institutions, and government agencies. The company operates through Technical Consulting and Performance Products segments.
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