Ricardo plc (LON:RCDO - Get Free Report) traded down 25% on Friday . The stock traded as low as GBX 260 ($3.19) and last traded at GBX 264 ($3.24). 4,412,265 shares were traded during trading, an increase of 849% from the average session volume of 464,721 shares. The stock had previously closed at GBX 352 ($4.32).
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Shore Capital restated a "sell" rating on shares of Ricardo in a report on Thursday. Berenberg Bank restated a "buy" rating and set a GBX 730 ($8.97) price target on shares of Ricardo in a report on Tuesday, December 17th.
Check Out Our Latest Report on RCDO
Ricardo Trading Down 6.3 %
The stock has a market cap of £146.82 million, a PE ratio of 23,600.00 and a beta of 0.58. 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 fifty day moving average price of GBX 397.61 and a 200 day moving average price of GBX 440.56.
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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