Ricardo plc (LON:RCDO - Get Free Report)'s share price was 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). Approximately 4,412,265 shares were traded during mid-day trading, an increase of 849% from the average daily volume of 464,721 shares. The stock had previously closed at GBX 352 ($4.32).
Analyst Upgrades and Downgrades
Several analysts have issued reports on RCDO shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 730 ($8.97) price target on shares of Ricardo in a report on Tuesday, December 17th. Shore Capital restated a "sell" rating on shares of Ricardo in a report on Thursday.
Check Out Our Latest Stock Report on Ricardo
Ricardo Price Performance
The stock has a 50 day moving average of GBX 397.61 and a two-hundred day moving average of GBX 440.56. 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 stock has a market cap of £146.82 million, a PE ratio of 23,600.00 and a beta of 0.58.
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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