Ricardo (LON:RCDO) Stock Rating Reaffirmed by Shore Capital

Ricardo (LON:RCDO)‘s stock had its “sell” rating reissued by Shore Capital in a research note issued on Thursday, Digital Look reports.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 730 ($9.48) price objective on shares of Ricardo in a research report on Wednesday, September 11th.

Ricardo Stock Up 3.9 %

Shares of RCDO stock traded up GBX 16 ($0.21) during trading on Thursday, reaching GBX 430 ($5.58). The company’s stock had a trading volume of 58,265 shares, compared to its average volume of 107,323. The business has a fifty day moving average price of GBX 464.91 and a 200-day moving average price of GBX 477.37. The company has a quick ratio of 1.57, a current ratio of 1.86 and a debt-to-equity ratio of 79.12. The company has a market cap of £267.50 million, a price-to-earnings ratio of 42,750.00 and a beta of 0.58. Ricardo has a one year low of GBX 386.51 ($5.02) and a one year high of GBX 536.22 ($6.96).

Ricardo Company Profile

Ricardo plc provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. It operates through Energy and Environment (EE), Rail, Automotive and Industrial (A&I) Emerging, Automotive and Industrial (A&I) Established, Defense, and Performance Products (PP).