RTC Group (LON:RTC) Share Price Passes Below Fifty Day Moving Average – Here’s Why

RTC Group plc (LON:RTC) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 95.46 ($1.29) and traded as low as GBX 95 ($1.29). RTC Group shares last traded at GBX 95.75 ($1.30), with a volume of 17,486 shares traded.

RTC Group Stock Up 0.7%

The stock has a market capitalization of £12.01 million, a price-to-earnings ratio of 701.83 and a beta of 1.17. The business’s 50-day moving average is GBX 95.46 and its two-hundred day moving average is GBX 95.87. The company has a quick ratio of 1.49, a current ratio of 1.80 and a debt-to-equity ratio of 26.93.

RTC Group (LON:RTC) last posted its quarterly earnings results on Monday, July 28th. The company reported GBX 6.62 earnings per share for the quarter. RTC Group had a net margin of 1.93% and a return on equity of 23.73%.

RTC Group Company Profile

RTC Group plc, through its subsidiaries, provides recruitment services in the United Kingdom, the United States, and the Middle East. It offers technical recruitment solutions to the general engineering, manufacturing, transport, build environment, infrastructure, commercial disciplines, sales and technical sales, scientific, chemical, energy and utilities, and defense and aerospace sectors; technical and engineering workforce solutions, such as recruitment, training, account management, contingent labor, and fleet provision to the rail, energy, construction, highways, and transportation sectors; and contract and permanent staffing solutions.