StockNews.com assumed coverage on shares of RCM Technologies (NASDAQ:RCMT – Get Rating) in a report released on Thursday. The firm issued a buy rating on the business services provider’s stock.
RCM Technologies Stock Down 1.0 %
Shares of RCMT opened at $12.85 on Thursday. The stock’s 50-day moving average price is $13.63 and its two-hundred day moving average price is $14.82. RCM Technologies has a 12 month low of $7.36 and a 12 month high of $28.82. The company has a market capitalization of $126.44 million, a PE ratio of 6.43 and a beta of 0.87. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.04.
RCM Technologies (NASDAQ:RCMT – Get Rating) last announced its quarterly earnings data on Thursday, March 16th. The business services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.02. RCM Technologies had a net margin of 7.34% and a return on equity of 60.53%. The firm had revenue of $70.22 million for the quarter, compared to analyst estimates of $67.05 million.
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About RCM Technologies
RCM Technologies, Inc engages in the provision of business and technology solutions. It operates through the following segments: Engineering, Specialty Health Care, and Information Technology. The Engineering segment offers a portfolio of engineering and design services across energy services, process and industrial, and aerospace sectors.
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