Ricardo plc (LON:RCDO - Get Free Report)'s share price traded down 23.3% on Thursday . The stock traded as low as GBX 264 ($3.24) and last traded at GBX 270 ($3.32). 3,870,426 shares traded hands during trading, an increase of 782% from the average session volume of 438,615 shares. The stock had previously closed at GBX 352 ($4.32).
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on RCDO. Shore Capital reiterated a "sell" rating on shares of Ricardo in a research note on Thursday. Berenberg Bank reiterated 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 Stock Report on RCDO
Ricardo Stock Performance
The stock's 50 day simple moving average is GBX 397.61 and its two-hundred day simple moving average is GBX 440.56. 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 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.
Further Reading
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