Ricardo plc (LON:RCDO - Get Free Report)'s stock price dropped 24.6% during mid-day trading on Thursday . The company traded as low as GBX 263 ($3.27) and last traded at GBX 265.50 ($3.30). Approximately 5,269,562 shares traded hands during mid-day trading, an increase of 942% from the average daily volume of 505,545 shares. The stock had previously closed at GBX 352 ($4.38).
Analyst Ratings Changes
Several research firms have commented on RCDO. Shore Capital restated a "sell" rating on shares of Ricardo in a research note on Thursday. Berenberg Bank reiterated a "buy" rating and issued a GBX 730 ($9.08) price target on shares of Ricardo in a research report on Tuesday, December 17th.
Check Out Our Latest Analysis on RCDO
Ricardo Stock Performance
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's 50 day moving average is GBX 397.61 and its 200-day moving average is GBX 440.56. The stock has a market capitalization of £146.82 million, a price-to-earnings ratio of 23,600.00 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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