RCM Technologies (NASDAQ:RCMT) Announces Earnings Results

RCM Technologies (NASDAQ:RCMT) released its quarterly earnings data on Wednesday. The business services provider reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.16), MarketWatch Earnings reports. RCM Technologies had a negative net margin of 3.91% and a positive return on equity of 0.70%.

Shares of NASDAQ RCMT opened at $3.75 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market cap of $44.83 million, a P/E ratio of -7.98 and a beta of 1.87. RCM Technologies has a 1 year low of $1.12 and a 1 year high of $12.49. The firm has a 50-day simple moving average of $4.10 and a two-hundred day simple moving average of $2.34.

RCMT has been the subject of several research reports. B. Riley increased their price objective on shares of RCM Technologies from $1.50 to $3.00 and gave the company a “neutral” rating in a report on Wednesday, February 3rd. Zacks Investment Research raised shares of RCM Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, January 12th.

About RCM Technologies

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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Earnings History for RCM Technologies (NASDAQ:RCMT)

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