Ricardo plc (LON:RCDO - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 362.45 ($4.67) and traded as low as GBX 250 ($3.22). Ricardo shares last traded at GBX 251 ($3.24), with a volume of 493,306 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages have recently commented on RCDO. Berenberg Bank restated a "buy" rating and set a GBX 730 ($9.41) price target on shares of Ricardo in a research note on Tuesday, December 17th. Shore Capital raised shares of Ricardo to a "hold" rating in a research report on Friday, February 7th.
Get Our Latest Report on Ricardo
Ricardo Stock Performance
The stock has a market cap of £155.85 million, a price-to-earnings ratio of 222.79 and a beta of 0.58. The stock's 50-day simple moving average is GBX 242.17 and its two-hundred day simple moving average is GBX 357.14. The company has a debt-to-equity ratio of 79.36, a quick ratio of 1.57 and a current ratio of 1.86.
Ricardo (LON:RCDO - Get Free Report) last announced its earnings results on Wednesday, March 5th. The company reported GBX 4.70 ($0.06) earnings per share for the quarter. Ricardo had a return on equity of 0.42% and a net margin of 0.15%. Analysts forecast that Ricardo plc will post 37.7019749 earnings per share for the current year.
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.
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