Ricardo (LON:RCDO - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX 4.70 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ricardo had a net margin of 0.15% and a return on equity of 0.42%.
Ricardo Stock Performance
Shares of Ricardo stock traded up GBX 3 ($0.04) during trading on Friday, hitting GBX 220 ($2.84). 2,157,487 shares of the company's stock were exchanged, compared to its average volume of 751,293. The company has a debt-to-equity ratio of 79.36, a quick ratio of 1.57 and a current ratio of 1.86. The business has a 50-day simple moving average of GBX 305.49 and a 200-day simple moving average of GBX 392.21. Ricardo has a 52-week low of GBX 206 ($2.66) and a 52-week high of GBX 536.22 ($6.93). The stock has a market capitalization of £135.52 million, a price-to-earnings ratio of 193.73 and a beta of 0.58.
Analysts Set New Price Targets
Several brokerages recently issued reports on RCDO. Shore Capital raised shares of Ricardo to a "hold" rating in a report on Friday, February 7th. Berenberg Bank reissued a "buy" rating and set a GBX 730 ($9.43) target price on shares of Ricardo in a report on Tuesday, December 17th.
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Ricardo Company Profile
(
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Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 100 years of engineering excellence and close to 3,000 employees in more than 20 countries, we provide exceptional levels of expertise in delivering innovative cross-sector sustainable outcomes to support energy transition and scarce resources, environmental services together with safe and smart mobility.
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