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Ricardo (LON:RCDO) Share Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Ricardo logo with Industrials background

Ricardo plc (LON:RCDO - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 319.84 ($4.25) and traded as low as GBX 262 ($3.48). Ricardo shares last traded at GBX 273 ($3.63), with a volume of 77,994 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital raised Ricardo to a "hold" rating in a report on Friday, February 7th.

Read Our Latest Analysis on Ricardo

Ricardo Trading Down 1.1%

The stock has a market capitalization of £165.09 million, a price-to-earnings ratio of 236.00 and a beta of 0.58. The company has a debt-to-equity ratio of 79.36, a quick ratio of 1.57 and a current ratio of 1.86. The firm has a fifty day moving average of GBX 247.41 and a 200-day moving average of GBX 315.25.

Ricardo (LON:RCDO - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported GBX 4.70 ($0.06) EPS for the quarter. Ricardo had a net margin of 0.15% and a return on equity of 0.42%. As a group, equities analysts predict that Ricardo plc will post 37.7019749 earnings per share for the current fiscal year.

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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