Insider Selling: Ricardo plc (RCDO) Insider Sells 7,838 Shares of Stock
Ricardo plc (LON:RCDO) insider Mark Garrett sold 7,838 shares of the firm’s stock in a transaction on Monday, October 17th. The shares were sold at an average price of GBX 1,010 ($12.50), for a total value of £79,163.80 ($97,975.00).
Ricardo plc (LON:RCDO) traded down 1.55% on Monday, reaching GBX 1013.99. The company’s stock had a trading volume of 2,206 shares. Ricardo plc has a one year low of GBX 645.00 and a one year high of GBX 1,040.00. The stock has a 50-day moving average of GBX 902.74 and a 200-day moving average of GBX 827.76. The stock’s market cap is GBX 535.91 million.
The business also recently disclosed a dividend, which will be paid on Friday, November 11th. Stockholders of record on Thursday, October 20th will be paid a GBX 13.03 ($0.16) dividend. This represents a dividend yield of 1.49%. This is a positive change from Ricardo plc’s previous dividend of $5.07. The ex-dividend date is Thursday, October 20th.
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Several brokerages recently weighed in on RCDO. Peel Hunt reissued an “add” rating and issued a GBX 877 ($10.85) price objective on shares of Ricardo plc in a report on Tuesday, July 19th. Liberum Capital reissued a “buy” rating and issued a GBX 875 ($10.83) price objective on shares of Ricardo plc in a report on Thursday, September 15th.
About Ricardo plc
Ricardo plc is a United kingdom-based company engaged in engineering and strategic, technical and environmental consultancy business. The Company’s operating segments include Technical Consulting and Performance Products. The Technical Consulting segment provides services in relation to the development and implementation of engineering and environmental projects and in relation to management and operational consultancy.
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