Ricardo plc (LON:RCDO - Get Free Report)'s share price traded down 25% during mid-day trading on Thursday . The stock traded as low as GBX 260 ($3.19) and last traded at GBX 264 ($3.24). 4,412,265 shares changed hands during trading, an increase of 849% from the average session volume of 464,721 shares. The stock had previously closed at GBX 352 ($4.32).
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Berenberg Bank restated a "buy" rating and set a GBX 730 ($8.97) target price on shares of Ricardo in a research report on Tuesday, December 17th. Shore Capital reiterated a "sell" rating on shares of Ricardo in a research report on Thursday.
Check Out Our Latest Stock Analysis on RCDO
Ricardo Stock Down 6.3 %
The company has a market capitalization of £146.82 million, a P/E ratio of 23,600.00 and a beta of 0.58. The stock has a 50-day moving average price of GBX 397.61 and a 200-day moving average price of GBX 440.56. The company has a debt-to-equity ratio of 79.12, a current ratio of 1.86 and a quick ratio of 1.57.
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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