RTC Group (LON:RTC) Stock Crosses Below Fifty Day Moving Average – Here’s Why

RTC Group plc (LON:RTC)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 108.72 and traded as low as GBX 105. RTC Group shares last traded at GBX 108, with a volume of 58,557 shares changing hands.

RTC Group Trading Up 0.5%

The firm’s 50 day moving average is GBX 108.72 and its two-hundred day moving average is GBX 100.33. The company has a quick ratio of 1.49, a current ratio of 1.68 and a debt-to-equity ratio of 26.18. The stock has a market cap of £13.56 million, a price-to-earnings ratio of 7.92 and a beta of 1.17.

RTC Group (LON:RTC) last issued its earnings results on Monday, March 23rd. The company reported GBX 14.10 EPS for the quarter. RTC Group had a return on equity of 23.24% and a net margin of 1.90%.

About RTC Group

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.