Ricardo plc (LON:RCDO - Get Free Report)'s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 386.51 ($5.02) and last traded at GBX 408 ($5.30), with a volume of 563568 shares traded. The stock had previously closed at GBX 413 ($5.36).
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on RCDO. Shore Capital reissued a "hold" rating on shares of Ricardo in a research report on Wednesday, September 11th. Berenberg Bank reiterated a "buy" rating and set a GBX 730 ($9.48) price target on shares of Ricardo in a report on Wednesday, September 11th.
Get Our Latest Stock Analysis on Ricardo
Ricardo Stock Down 1.2 %
The company has a current ratio of 1.86, a quick ratio of 1.57 and a debt-to-equity ratio of 79.12. The business has a 50 day moving average of GBX 466.75 and a 200-day moving average of GBX 477.81. The stock has a market cap of £253.82 million, a PE ratio of 40,800.00 and a beta of 0.58.
Ricardo Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 31st will be issued a dividend of GBX 8.90 ($0.12) per share. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 1.72%. This is a positive change from Ricardo's previous dividend of $3.80. Ricardo's dividend payout ratio (DPR) is currently 130,000.00%.
About Ricardo
(
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Ricardo plc provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. It operates through Energy and Environment (EE), Rail, Automotive and Industrial (A&I) Emerging, Automotive and Industrial (A&I) Established, Defense, and Performance Products (PP).
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