Ricardo (LON:RCDO) Shares Cross Below 200 Day Moving Average – Here’s Why

Ricardo plc (LON:RCDOGet Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 430 and traded as low as GBX 429. Ricardo shares last traded at GBX 430, with a volume of 63,593 shares.

Ricardo Price Performance

The stock has a market capitalization of £267.52 million, a price-to-earnings ratio of 861.72 and a beta of 0.58. The company has a quick ratio of 1.57, a current ratio of 1.86 and a debt-to-equity ratio of 79.36. The business’s 50 day simple moving average is GBX 430 and its 200-day simple moving average is GBX 430.

About Ricardo

(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. 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.

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