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Ricardo (LON:RCDO) Hits New 1-Year Low - Here's What Happened

Ricardo logo with Industrials background

Ricardo plc (LON:RCDO - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 206 ($2.61) and last traded at GBX 213 ($2.70), with a volume of 944454 shares traded. The stock had previously closed at GBX 217 ($2.75).

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Berenberg Bank reiterated a "buy" rating and set a GBX 730 ($9.25) price objective on shares of Ricardo in a research note on Tuesday, December 17th. Shore Capital upgraded shares of Ricardo to a "hold" rating in a research note on Friday, February 7th.

Get Our Latest Report on RCDO

Ricardo Price Performance

The firm has a market capitalization of £139.22 million, a PE ratio of 199.02 and a beta of 0.58. The firm's 50 day moving average price is GBX 351.83 and its two-hundred day moving average price is GBX 415.62. The company has a quick ratio of 1.57, a current ratio of 1.86 and a debt-to-equity ratio of 79.36.

Ricardo Company Profile

(Get Free Report)

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.

Further Reading

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