RTC Group (LON:RTC) Stock Price Breaks Above 50 Day Moving Average – Here’s Why

Shares of RTC Group plc (LON:RTC) passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of GBX 95.38 and traded as high as GBX 100. RTC Group shares last traded at GBX 100, with a volume of 991 shares trading hands.

RTC Group Stock Performance

The stock has a market cap of £12.22 million, a PE ratio of 8.55 and a beta of 0.74. The company has a debt-to-equity ratio of 24.73, a current ratio of 1.76 and a quick ratio of 1.49. The business has a 50 day moving average price of GBX 95.38 and a two-hundred day moving average price of GBX 105.31.

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.