Ricardo (LON:RCDO) Share Price Crosses Above Two Hundred Day Moving Average of $452.93

Ricardo plc (LON:RCDO) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 452.93 ($5.64) and traded as high as GBX 454.72 ($5.66). Ricardo shares last traded at GBX 448 ($5.58), with a volume of 18,948 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reissued a “hold” rating on shares of Ricardo in a research note on Wednesday, March 6th.

Ricardo Trading Up 1.1 %

The firm has a market cap of £283.10 million, a price-to-earnings ratio of -44,700.00 and a beta of 0.58. The company has a 50-day moving average price of GBX 434.78 and a 200 day moving average price of GBX 452.91. The company has a quick ratio of 1.57, a current ratio of 1.92 and a debt-to-equity ratio of 78.74.

Ricardo Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 14th were given a GBX 3.80 ($0.05) dividend. The ex-dividend date was Thursday, March 14th. This represents a dividend yield of 0.9%. Ricardo’s dividend payout ratio (DPR) is presently -120,000.00%.

Insider Buying and Selling

In other news, insider Judith Cottrell acquired 6,782 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was acquired at an average cost of GBX 439 ($5.46) per share, for a total transaction of £29,772.98 ($37,063.34). 2.57% of the stock is owned by corporate insiders.

About Ricardo

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).