RTC Group (LON:RTC) Stock Passes Below Fifty Day Moving Average – What’s Next?

RTC Group plc (LON:RTC)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 94.72 ($1.29) and traded as low as GBX 90.10 ($1.23). RTC Group shares last traded at GBX 90.10 ($1.23), with a volume of 3,893 shares changing hands.

RTC Group Stock Down 7.6%

The company has a debt-to-equity ratio of 26.93, a quick ratio of 1.49 and a current ratio of 1.80. The firm has a 50 day simple moving average of GBX 94.72 and a two-hundred day simple moving average of GBX 96.41. The stock has a market cap of £11.66 million, a P/E ratio of 6.35 and a beta of 1.17.

RTC Group (LON:RTC) last issued its quarterly earnings data on Monday, March 24th. The company reported GBX 13.01 ($0.18) earnings per share for the quarter. RTC Group had a net margin of 1.93% and a return on equity of 23.73%.

About RTC Group

RTC Group plc, through its subsidiaries, provides recruitment services in the United Kingdom, the United States, and the Middle East. It offers technical recruitment solutions to the general engineering, manufacturing, transport, build environment, infrastructure, commercial disciplines, sales and technical sales, scientific, chemical, energy and utilities, and defense and aerospace sectors; technical and engineering workforce solutions, such as recruitment, training, account management, contingent labor, and fleet provision to the rail, energy, construction, highways, and transportation sectors; and contract and permanent staffing solutions.