RTC Group (LON:RTC) Share Price Passes Above Fifty Day Moving Average – Here’s Why

RTC Group plc (LON:RTC) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 97.74 ($1.27) and traded as high as GBX 103 ($1.34). RTC Group shares last traded at GBX 103 ($1.34), with a volume of 9,060 shares trading hands.

RTC Group Price Performance

The stock has a market capitalization of £13.33 million, a PE ratio of 7.26 and a beta of 1.17. The company has a debt-to-equity ratio of 26.93, a current ratio of 1.80 and a quick ratio of 1.49. The firm’s 50 day simple moving average is GBX 97.74 and its 200 day simple moving average is GBX 100.46.

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.