RTC Group (LON:RTC) Shares Pass Below 50-Day Moving Average – Here’s What Happened

RTC Group plc (LON:RTC) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 93.25 ($1.25) and traded as low as GBX 91.20 ($1.22). RTC Group shares last traded at GBX 91.20 ($1.22), with a volume of 100 shares.

RTC Group Price Performance

The company has a debt-to-equity ratio of 26.93, a quick ratio of 1.49 and a current ratio of 1.80. The company has a market cap of £11.93 million, a price-to-earnings ratio of 696.99 and a beta of 1.17. The business has a fifty day moving average price of GBX 93.25 and a 200 day moving average price of GBX 94.38.

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

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.