RTC Group (LON:RTC) Shares Cross Below Fifty Day Moving Average – Here’s Why

RTC Group plc (LON:RTC) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 102.83 ($1.29) and traded as low as GBX 95.11 ($1.20). RTC Group shares last traded at GBX 97.50 ($1.23), with a volume of 2,000 shares traded.

RTC Group Stock Performance

The firm’s fifty day moving average price is GBX 102.83 and its two-hundred day moving average price is GBX 105.87. The stock has a market capitalization of £14.25 million, a PE ratio of 696.43 and a beta of 1.17. The company has a current ratio of 1.80, a quick ratio of 1.49 and a debt-to-equity ratio of 26.93.

RTC Group Company Profile

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.