Ricardo (LON:RCDO) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Ricardo plc (LON:RCDO)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 429.99 and traded as low as GBX 429. Ricardo shares last traded at GBX 430, with a volume of 63,593 shares changing hands.

Ricardo Stock Performance

The company has a current ratio of 1.86, a quick ratio of 1.57 and a debt-to-equity ratio of 79.36. The company’s 50-day moving average is GBX 430 and its two-hundred day moving average is GBX 429.99. The stock has a market capitalization of £267.52 million, a P/E ratio of 861.72 and a beta of 0.58.

Ricardo Company Profile

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. Our global team of consultants, environmental specialists, engineers and scientists support our customers to solve the most complex and dynamic challenges to help achieve a safe and sustainable world.