StockNews.com upgraded shares of RCM Technologies (NASDAQ:RCMT – Free Report) from a hold rating to a buy rating in a research note released on Friday.
RCM Technologies Stock Performance
RCM Technologies stock opened at $19.47 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market cap of $154.57 million, a P/E ratio of 9.78 and a beta of 0.73. RCM Technologies has a fifty-two week low of $11.14 and a fifty-two week high of $32.15. The firm’s 50 day simple moving average is $25.11 and its 200-day simple moving average is $25.13.
RCM Technologies (NASDAQ:RCMT – Get Free Report) last issued its quarterly earnings results on Wednesday, March 13th. The business services provider reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. The business had revenue of $71.03 million for the quarter, compared to the consensus estimate of $72.47 million. RCM Technologies had a return on equity of 71.41% and a net margin of 6.39%. As a group, equities research analysts predict that RCM Technologies will post 2.12 EPS for the current year.
Institutional Trading of RCM Technologies
RCM Technologies Company Profile
RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Europe. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences 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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