Ricardo plc (LON:RCDO - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 333.24 ($4.55) and traded as high as GBX 429 ($5.86). Ricardo shares last traded at GBX 426 ($5.81), with a volume of 21,186 shares.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank cut shares of Ricardo to a "hold" rating and decreased their price objective for the company from GBX 440 to GBX 430 in a report on Tuesday, September 2nd. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of GBX 430.
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Ricardo Stock Performance
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 company's fifty day simple moving average is GBX 424.50 and its two-hundred day simple moving average is GBX 338.09. The stock has a market cap of £265.65 million, a price-to-earnings ratio of 855.71 and a beta of 0.58.
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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