Ricardo plc (LON:RCDO - Get Free Report)'s share price was down 18.2% on Thursday . The company traded as low as GBX 284 ($3.53) and last traded at GBX 288 ($3.58). Approximately 1,221,090 shares changed hands during mid-day trading, an increase of 290% from the average daily volume of 312,761 shares. The stock had previously closed at GBX 352 ($4.38).
Wall Street Analysts Forecast Growth
RCDO has been the subject of several research reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 730 ($9.08) target price on shares of Ricardo in a report on Tuesday, December 17th. Shore Capital reissued a "sell" rating on shares of Ricardo in a research report on Thursday, January 30th.
Get Our Latest Report on RCDO
Ricardo Trading Down 7.0 %
The firm has a market capitalization of £136.50 million, a price-to-earnings ratio of 21,941.80 and a beta of 0.58. The business's 50 day moving average price is GBX 397.61 and its 200-day moving average price is GBX 440.56. 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.
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