Ricardo ( (GB:RCDO) ) has issued an announcement.
Ricardo PLC has announced a significant change in its shareholder structure, with Science Group plc acquiring a notable percentage of voting rights, now holding 11.67%. This acquisition marks a strategic move that could influence Ricardo’s future decisions and market positioning, potentially impacting stakeholders and the company’s operational dynamics.
More about Ricardo
Ricardo PLC is a UK-based company operating in the engineering and environmental consultancy industry. It provides a range of services and solutions, focusing on sustainable energy, transportation, and environmental sectors.
YTD Price Performance: -46.19%
Average Trading Volume: 549,724
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £140.6M
See more insights into RCDO stock on TipRanks’ Stock Analysis page.