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Ricardo (LON:RCDO) Stock Price Crosses Above Two Hundred 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.
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Ricardo plc (LON:RCDO - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 317.09 ($4.28) and traded as high as GBX 425 ($5.74). Ricardo shares last traded at GBX 424 ($5.73), with a volume of 19,469 shares traded.

Ricardo Trading Down 0.2%

The firm has a market capitalization of £263.16 million, a price-to-earnings ratio of 847.70 and a beta of 0.58. The firm's 50 day moving average is GBX 426.76 and its 200 day moving average is GBX 320.59. The company has a quick ratio of 1.57, a current ratio of 1.86 and a debt-to-equity ratio of 79.36.

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.

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