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The latest update is out from Ricardo ( (GB:RCDO) ).
Ricardo PLC has announced a notification regarding a change in major holdings, specifically involving Aviva PLC in the acquisition or disposal of voting rights and financial instruments. This notification, triggered by a shift in direct interest levels, highlights a reduction in Aviva’s voting rights in Ricardo PLC from above 3% to below 3%, potentially impacting the company’s shareholder dynamics and voting power distribution.
More about Ricardo
Ricardo PLC operates within the engineering and environmental consultancy sector, offering services and solutions across multiple domains including transportation, energy, and sustainable development. The company focuses on providing innovative solutions to enhance performance and efficiency while reducing environmental impact.
YTD Price Performance: -47.38%
Average Trading Volume: 388,334
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £137.5M
Learn more about RCDO stock on TipRanks’ Stock Analysis page.
