RCM Technologies (RCMT) Expected to Announce Earnings on Wednesday

RCM Technologies (NASDAQ:RCMT) is expected to post its quarterly earnings results before the market opens on Wednesday, March 12th. Analysts expect RCM Technologies to post earnings of $0.74 per share and revenue of $79.00 million for the quarter.

RCM Technologies Trading Down 5.0 %

NASDAQ RCMT opened at $17.73 on Tuesday. The business’s fifty day moving average is $19.78 and its 200-day moving average is $20.93. RCM Technologies has a one year low of $17.11 and a one year high of $29.23. The stock has a market capitalization of $134.69 million, a price-to-earnings ratio of 9.09 and a beta of 0.58. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.63 and a quick ratio of 1.63.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on RCMT. StockNews.com lowered RCM Technologies from a “buy” rating to a “hold” rating in a report on Monday, November 11th. B. Riley lifted their price objective on RCM Technologies from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Finally, Benchmark lifted their price objective on RCM Technologies from $33.00 to $37.00 and gave the stock a “buy” rating in a report on Monday, November 11th.

RCM Technologies Company Profile

RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Europe. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences 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.