Ricardo plc (LON:RCDO - Get Free Report)'s share price dropped 23.9% during trading on Thursday . The stock traded as low as GBX 264 ($3.24) and last traded at GBX 268 ($3.29). Approximately 4,226,869 shares traded hands during mid-day trading, an increase of 827% from the average daily volume of 455,893 shares. The stock had previously closed at GBX 352 ($4.32).
Analyst Upgrades and Downgrades
RCDO has been the topic of a number of research reports. Shore Capital restated a "sell" rating on shares of Ricardo in a research note on Thursday. Berenberg Bank reissued a "buy" rating and issued a GBX 730 ($8.97) price objective on shares of Ricardo in a research report on Tuesday, December 17th.
Check Out Our Latest Analysis on Ricardo
Ricardo Stock Performance
The company has a debt-to-equity ratio of 79.12, a quick ratio of 1.57 and a current ratio of 1.86. The company has a market cap of £146.82 million, a PE ratio of 23,600.00 and a beta of 0.58. The stock's 50-day simple moving average is GBX 397.61 and its 200 day simple moving average is GBX 440.56.
About Ricardo
(
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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.
Further Reading
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