Shares of Ricardo plc (LON:RCDO - Get Free Report) fell 18.2% during mid-day trading on Thursday . The company traded as low as GBX 284 ($3.53) and last traded at GBX 288 ($3.58). 1,221,090 shares traded hands during trading, an increase of 290% from the average session volume of 312,761 shares. The stock had previously closed at GBX 352 ($4.37).
Analyst Ratings Changes
Several research firms recently weighed in on RCDO. Berenberg Bank reissued a "buy" rating and set a GBX 730 ($9.07) price objective on shares of Ricardo in a research report on Tuesday, December 17th. Shore Capital reiterated a "sell" rating on shares of Ricardo in a report on Thursday.
View Our Latest Stock Analysis on Ricardo
Ricardo Stock Down 25.0 %
The firm has a fifty day simple moving average of GBX 403.19 and a 200-day simple moving average of GBX 444.27. 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 firm has a market cap of £164.23 million, a price-to-earnings ratio of 26,400.00 and a beta of 0.58.
About Ricardo
(
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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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