Shares of Ricardo plc (LON:RCDO - Get Free Report) fell 23.9% on Thursday . The stock traded as low as GBX 264 ($3.24) and last traded at GBX 268 ($3.29). 4,226,869 shares traded hands during mid-day trading, an increase of 827% from the average session volume of 455,893 shares. The stock had previously closed at GBX 352 ($4.32).
Analyst Ratings Changes
A number of research analysts have commented on the company. Shore Capital reiterated a "sell" rating on shares of Ricardo in a research report 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.
Read Our Latest Stock Report on RCDO
Ricardo Trading Down 6.3 %
The company has a quick ratio of 1.57, a current ratio of 1.86 and a debt-to-equity ratio of 79.12. 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 business has a fifty day moving average price of GBX 397.61 and a 200 day moving average price of GBX 440.56.
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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