RTC Group (LON:RTC) Stock Passes Above 50-Day Moving Average – Here’s What Happened

RTC Group plc (LON:RTC) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 106.16 and traded as high as GBX 110. RTC Group shares last traded at GBX 110, with a volume of 65 shares changing hands.

RTC Group Price Performance

The firm has a fifty day moving average of GBX 106.16 and a two-hundred day moving average of GBX 98.88. The company has a current ratio of 1.57, a quick ratio of 1.49 and a debt-to-equity ratio of 29.99. The company has a market capitalization of £13.81 million, a PE ratio of 8.07 and a beta of 1.17.

Insiders Place Their Bets

In other news, insider Nick Spoliar bought 5,072 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were purchased at an average price of GBX 97 per share, for a total transaction of £4,919.84. Insiders own 38.08% of the company’s stock.

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.