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Science Group plc Increases Stake in Ricardo PLC

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Science Group plc Increases Stake in Ricardo PLC

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

Ricardo PLC has announced a change in its voting rights structure following an acquisition by Science Group plc, which now holds 12.009165% of the voting rights in Ricardo. This acquisition marks a slight increase from a previous position of 11.672844%, potentially impacting Ricardo’s governance and strategic decisions as Science Group plc strengthens its influence within the company.

More about Ricardo

Ricardo PLC is a UK-based company operating in the engineering and environmental consultancy industry. It provides a range of services including strategic consulting, engineering design, and technical support, primarily focusing on sectors such as automotive, energy, and transportation.

YTD Price Performance: -47.62%

Average Trading Volume: 633,329

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £136.8M

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

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