Ricardo plc (LON:RCDO - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 475.41 ($6.03) and traded as low as GBX 426 ($5.41). Ricardo shares last traded at GBX 430 ($5.46), with a volume of 69,092 shares changing hands.
Analyst Ratings Changes
A number of brokerages recently weighed in on RCDO. Berenberg Bank reissued a "buy" rating and issued a GBX 730 ($9.26) price target on shares of Ricardo in a report on Wednesday, September 11th. Shore Capital reaffirmed a "sell" rating on shares of Ricardo in a research note on Thursday, October 24th.
Check Out Our Latest Research Report on Ricardo
Ricardo Trading Down 3.7 %
The stock has a market capitalization of £257.55 million, a P/E ratio of 43,000.00 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. The business's 50 day simple moving average is GBX 439.36 and its 200-day simple moving average is GBX 475.24.
Ricardo Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 31st will be paid a GBX 8.90 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This is a boost from Ricardo's previous dividend of $3.80. This represents a yield of 1.72%. Ricardo's dividend payout ratio (DPR) is presently 130,000.00%.
About Ricardo
(
Get Free Report)
Ricardo plc provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. It operates through Energy and Environment (EE), Rail, Automotive and Industrial (A&I) Emerging, Automotive and Industrial (A&I) Established, Defense, and Performance Products (PP).
Further Reading
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