Free Trial

Ricardo (LON:RCDO) Shares Cross Above 200-Day Moving Average - Here's Why

Ricardo logo with Industrials background

Key Points

  • Ricardo plc's stock price surpassed its 200-day moving average of GBX 317.09 ($4.28), reaching a high of GBX 425 ($5.73) during trading.
  • The company's current market capitalization stands at £261.19 million, with a price-to-earnings ratio of 373.38.
  • Ricardo is a global consulting firm focused on sustainable solutions, employing nearly 3,000 people across more than 20 countries.
  • Five stocks we like better than Ricardo.

Ricardo plc (LON:RCDO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 317.09 ($4.30) and traded as high as GBX 425 ($5.76). Ricardo shares last traded at GBX 424 ($5.74), with a volume of 19,469 shares trading hands.

Ricardo Price Performance

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 company's fifty day simple moving average is GBX 426.38 and its two-hundred day simple moving average is GBX 323.48. The stock has a market capitalization of £263.16 million, a PE ratio of 847.70 and a beta of 0.58.

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.

Featured Articles

Should You Invest $1,000 in Ricardo Right Now?

Before you consider Ricardo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ricardo wasn't on the list.

While Ricardo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.