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Ricardo PLC Sees Change in Major Shareholder Holdings

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Ricardo PLC Sees Change in Major Shareholder Holdings

Ricardo ( (GB:RCDO) ) has provided an announcement.

Ricardo PLC has announced a change in its major holdings, with Briarwood Chase Management LLC reducing its voting rights from 5.419% to 2.156%. This adjustment in holdings could influence Ricardo’s shareholder dynamics and potentially impact its strategic decisions, reflecting shifts in investor confidence or strategy.

More about Ricardo

Ricardo PLC is a UK-based company operating in the engineering and environmental consultancy industry. The company specializes in providing technical and strategic consulting services, focusing on sectors such as automotive, energy, and transportation.

YTD Price Performance: -45.24%

Average Trading Volume: 621,480

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £143.1M

Find detailed analytics on RCDO stock on TipRanks’ Stock Analysis page.

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