Ricardo’s (RCDO) Buy Rating Reaffirmed at Liberum Capital

Liberum Capital reissued their buy rating on shares of Ricardo (LON:RCDO) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other analysts have also commented on RCDO. Peel Hunt reissued an add rating on shares of Ricardo in a report on Wednesday, May 6th. Berenberg Bank reissued a hold rating on shares of Ricardo in a report on Friday, May 15th.

Shares of Ricardo stock opened at GBX 419 ($5.16) on Tuesday. The company has a current ratio of 2.12, a quick ratio of 1.77 and a debt-to-equity ratio of 87.82. Ricardo has a 12 month low of GBX 286.93 ($3.53) and a 12 month high of GBX 846 ($10.41). The business has a fifty day simple moving average of GBX 394.73 and a two-hundred day simple moving average of GBX 557.97. The firm has a market capitalization of $223.77 million and a P/E ratio of 12.29.

About Ricardo

Ricardo plc primarily provides engineering, technical, environmental, and strategic consultancy services for transportation original equipment manufacturers and operators, energy companies, financial institutions, and government agencies. The company operates through Technical Consulting and Performance Products segments.

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