RCM Technologies, Inc. (NASDAQ:RCMT – Get Rating) CFO Kevin D. Miller sold 3,395 shares of the stock in a transaction dated Friday, May 13th. The stock was sold at an average price of $19.45, for a total transaction of $66,032.75. Following the sale, the chief financial officer now owns 646,605 shares of the company’s stock, valued at approximately $12,576,467.25. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of NASDAQ RCMT opened at $18.14 on Friday. The firm has a market capitalization of $183.94 million, a PE ratio of 12.01 and a beta of 1.03. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.52. RCM Technologies, Inc. has a 1 year low of $3.31 and a 1 year high of $20.48. The firm’s 50-day moving average is $12.25 and its 200-day moving average is $8.77.
RCM Technologies (NASDAQ:RCMT – Get Rating) last issued its earnings results on Wednesday, April 27th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.35. RCM Technologies had a net margin of 6.84% and a return on equity of 46.67%. During the same period last year, the firm posted $0.08 EPS. As a group, equities research analysts anticipate that RCM Technologies, Inc. will post 2 earnings per share for the current fiscal year.
A number of equities research analysts have commented on RCMT shares. StockNews.com started coverage on shares of RCM Technologies in a report on Thursday, March 31st. They set a “strong-buy” rating on the stock. TheStreet raised shares of RCM Technologies from a “c” rating to a “b-” rating in a report on Thursday, April 28th. Zacks Investment Research raised shares of RCM Technologies from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Thursday, May 5th. Benchmark increased their price objective on shares of RCM Technologies from $8.00 to $16.00 in a report on Friday, April 1st. Finally, B. Riley increased their price objective on shares of RCM Technologies from $7.50 to $16.50 in a report on Friday, April 29th.
RCM Technologies Company Profile (Get Rating)
RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Serbia. 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.
- Get a free copy of the StockNews.com research report on RCM Technologies (RCMT)
- The Three Most Upgraded Stocks You Can Buy Now
- MarketBeat: Week in Review 5/9 – 5/13
- Is Electronic Arts (NASDAQ: EA) Suddenly A Safe Haven?
- Beyond Meat Stock Value is Improving
- The Travel Sector Is Getting Upgraded
Receive News & Ratings for RCM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RCM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.