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Ricardo (LON:RCDO) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Ricardo logo with Industrials background

Shares of Ricardo plc (LON:RCDO - Get 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 ($6.10). Ricardo shares last traded at GBX 438 ($6.02), with a volume of 103,963 shares trading hands.

Ricardo Stock Up 0.5%

The stock has a market capitalization of £274.13 million, a price-to-earnings ratio of 391.87 and a beta of 0.58. 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 50-day moving average of GBX 320.25 and a two-hundred day moving average of GBX 303.53.

Ricardo Company Profile

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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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