Ricardo (LON:RCDO) Stock Passes Above 200 Day Moving Average – Should You Sell?
by Mitch Edgeman · The Markets DailyRicardo plc (LON:RCDO – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 430 and traded as high as GBX 434. Ricardo shares last traded at GBX 430, with a volume of 63,593 shares traded.
Ricardo Trading Up 0.2%
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 has a market capitalization of £267.52 million, a P/E ratio of 861.72 and a beta of 0.58. The firm has a 50-day moving average of GBX 430 and a two-hundred day moving average of GBX 430.
About Ricardo
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.