According to Zacks, “RCM Technologies, Inc. is a national provider of Business, Technology and resource solutions in information technology and professional engineering to customers in corporate and government sectors. The company has grown its information technology competencies in the areas of resource augmentation, e-business, Enterprise Resource Planning support, network and infrastructure support and knowledge management. RCM’s engineering expertise is in the form of technical design, field engineering, field support, procedures development and project and program management. “
Shares of NASDAQ RCMT opened at $2.14 on Tuesday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.83. RCM Technologies has a 12 month low of $1.02 and a 12 month high of $2.97. The company has a 50 day simple moving average of $1.81 and a two-hundred day simple moving average of $1.57. The stock has a market cap of $24.53 million, a price-to-earnings ratio of -5.10 and a beta of 1.58.
An institutional investor recently raised its position in RCM Technologies stock. Bourgeon Capital Management LLC lifted its position in RCM Technologies, Inc. (NASDAQ:RCMT) by 48.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,533 shares of the business services provider’s stock after purchasing an additional 25,755 shares during the period. Bourgeon Capital Management LLC owned about 0.69% of RCM Technologies worth $109,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 25.59% of the company’s stock.
RCM Technologies Company Profile
RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Serbia. It operates through three segments: Engineering, Specialty Health Care, and Information Technology. The Engineering segment offers a range of engineering services, including project management engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, and 3D/BIM integrated design.
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