Ricardo plc (LON:RCDO - Get Free Report)'s stock price was down 25% on Thursday . The stock traded as low as GBX 260 ($3.23) and last traded at GBX 264 ($3.28). Approximately 4,412,265 shares traded hands during mid-day trading, an increase of 849% from the average daily volume of 464,721 shares. The stock had previously closed at GBX 352 ($4.37).
RCDO has been the subject of several analyst reports. Berenberg Bank reiterated a "buy" rating and set a GBX 730 ($9.07) price target on shares of Ricardo in a report on Tuesday, December 17th. Shore Capital reissued a "sell" rating on shares of Ricardo in a report on Thursday.
Get Our Latest Analysis on RCDO
The company has a current ratio of 1.86, a quick ratio of 1.57 and a debt-to-equity ratio of 79.12. The firm's fifty day moving average price is GBX 400.67 and its 200-day moving average price is GBX 443.02. The firm has a market cap of £159.26 million, a price-to-earnings ratio of 25,600.00 and a beta of 0.58.
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.
Before you consider Ricardo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ricardo wasn't on the list.
While Ricardo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.