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Science Group Increases Stake in Troubled Ricardo plc

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Science Group Increases Stake in Troubled Ricardo plc

An update from Science ( (GB:SAG) ) is now available.

Science Group PLC has increased its shareholding in Ricardo plc to 15.19%, becoming the second largest shareholder. Ricardo, a British science and technology company, has faced challenges due to poor board strategy and governance, leading to significant shareholder dissatisfaction. This strategic investment by Science Group highlights the ongoing issues within Ricardo and suggests a potential shift in shareholder influence.

More about Science

YTD Price Performance: -6.18%

Average Trading Volume: 20,732

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £194.3M

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

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