RCM Technologies (RCMT) to Release Quarterly Earnings on Wednesday

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

RCM Technologies Trading Up 0.4 %

RCM Technologies stock opened at $18.22 on Wednesday. RCM Technologies has a 12-month low of $17.11 and a 12-month high of $29.23. The stock has a market capitalization of $138.42 million, a PE ratio of 9.34 and a beta of 0.62. The firm has a 50 day simple moving average of $20.13 and a 200-day simple moving average of $20.96. 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

RCMT has been the topic of several research analyst reports. StockNews.com cut RCM Technologies from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Benchmark boosted their price target on shares of RCM Technologies from $33.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, B. Riley upped their price target on shares of RCM Technologies from $35.00 to $37.00 and gave the company a “buy” rating in a report on Monday, November 11th.

About RCM Technologies

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.