Ricardo (LON:RCDO) Shares Pass Above 200-Day Moving Average – Time to Sell?

Ricardo plc (LON:RCDOGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 427.99 and traded as high as GBX 434. Ricardo shares last traded at GBX 430, with a volume of 63,593 shares.

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 firm’s fifty day moving average price is GBX 430 and its 200 day moving average price is GBX 428.02. The stock has a market capitalization of £267.52 million, a price-to-earnings ratio of 861.72 and a beta of 0.58.

Ricardo Company Profile

(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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