Ricardo (LON:RCDO) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Shares of Ricardo plc (LON:RCDOGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 303.56 ($4.17) and traded as high as GBX 444 ($6.09). Ricardo shares last traded at GBX 438 ($6.01), with a volume of 103,963 shares.

Ricardo Stock Performance

The business has a 50-day moving average price of GBX 311.63 and a 200-day moving average price of GBX 303.56. The company has a quick ratio of 1.57, a current ratio of 1.86 and a debt-to-equity ratio of 79.36. The firm has a market capitalization of £269.81 million, a price-to-earnings ratio of 385.70 and a beta of 0.58.

About Ricardo

(Get Free Report)

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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