Ricardo (LON:RCDO) Shares Pass Below 200-Day Moving Average – Here’s Why

Ricardo plc (LON:RCDOGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 430 and traded as low as GBX 429. Ricardo shares last traded at GBX 430, with a volume of 63,593 shares.

Ricardo Stock Performance

The business has a 50 day moving average price of GBX 430 and a 200 day moving average price of GBX 430. The company has a debt-to-equity ratio of 79.36, a current ratio of 1.86 and a quick ratio of 1.57. The stock has a market capitalization of £267.52 million, a PE ratio of 861.72 and a beta of 0.58.

Ricardo Company Profile

(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. Our global team of consultants, environmental specialists, engineers and scientists support our customers to solve the most complex and dynamic challenges to help achieve a safe and sustainable world.

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