RTC Group (LON:RTC) Shares Pass Above Fifty Day Moving Average – Here’s Why

Shares of RTC Group plc (LON:RTC) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 104.92 and traded as high as GBX 115. RTC Group shares last traded at GBX 115, with a volume of 2,142 shares trading hands.

RTC Group Stock Up 7.0%

The company has a market capitalization of £14.44 million, a PE ratio of 8.44 and a beta of 1.17. The company’s fifty day moving average is GBX 104.92 and its 200-day moving average is GBX 98.33. The company has a debt-to-equity ratio of 29.99, a quick ratio of 1.49 and a current ratio of 1.57.

Insider Activity at RTC Group

In other news, insider Nick Spoliar bought 5,072 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was bought at an average price of GBX 97 per share, with a total value of £4,919.84. 38.08% of the stock is owned by insiders.

About RTC Group

RTC Group plc, through its subsidiaries, provides recruitment services in the United Kingdom, the United States, and the Middle East. It offers technical recruitment solutions to the general engineering, manufacturing, transport, build environment, infrastructure, commercial disciplines, sales and technical sales, scientific, chemical, energy and utilities, and defense and aerospace sectors; technical and engineering workforce solutions, such as recruitment, training, account management, contingent labor, and fleet provision to the rail, energy, construction, highways, and transportation sectors; and contract and permanent staffing solutions.