Ricardo plc (LON:RCDO – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 385 ($4.87) and last traded at GBX 390 ($4.93), with a volume of 922037 shares traded. The stock had previously closed at GBX 393 ($4.97).
Analyst Upgrades and Downgrades
RCDO has been the subject of a number of recent research reports. Shore Capital restated a “sell” rating on shares of Ricardo in a research report on Thursday, October 24th. Berenberg Bank reiterated a “buy” rating and set a GBX 730 ($9.24) price objective on shares of Ricardo in a report on Wednesday, September 11th.
View Our Latest Stock Report on Ricardo
Ricardo Price Performance
Ricardo Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 31st will be paid a dividend of GBX 8.90 ($0.11) per share. This represents a dividend yield of 1.72%. The ex-dividend date is Thursday, October 31st. This is a boost from Ricardo’s previous dividend of $3.80. Ricardo’s dividend payout ratio (DPR) is currently 130,000.00%.
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).
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