Shore Capital reissued their sell rating on shares of Ricardo (LON:RCDO - Free Report) in a research report released on Thursday, Marketbeat.com reports.
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 730 ($8.97) price objective on shares of Ricardo in a research note on Tuesday, December 17th.
Check Out Our Latest Stock Report on Ricardo
Ricardo Stock Down 6.3 %
Shares of LON:RCDO traded down GBX 16 ($0.20) during mid-day trading on Thursday, hitting GBX 236 ($2.90). 2,115,411 shares of the company traded hands, compared to its average volume of 534,115. The firm's 50 day simple moving average is GBX 397.61 and its 200 day simple moving average is GBX 440.56. The firm has a market cap of £146.82 million, a P/E 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. Ricardo has a 52-week low of GBX 231 ($2.84) and a 52-week high of GBX 536.22 ($6.59).
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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