RCM Technologies (NASDAQ:RCMT) Issues Quarterly Earnings Results

RCM Technologies (NASDAQ:RCMT) announced its quarterly earnings results on Wednesday. The business services provider reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.16), MarketWatch Earnings reports. RCM Technologies had a positive return on equity of 0.70% and a negative net margin of 3.91%.

Shares of RCM Technologies stock opened at $3.75 on Friday. RCM Technologies has a 12-month low of $1.12 and a 12-month high of $12.49. The company has a market cap of $44.83 million, a price-to-earnings ratio of -7.98 and a beta of 1.87. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.57. The company’s 50-day moving average price is $4.10 and its 200-day moving average price is $2.34.

A number of equities research analysts have recently issued reports on the stock. B. Riley increased their price target on shares of RCM Technologies from $1.50 to $3.00 and gave the stock a “neutral” rating in a report on Wednesday, February 3rd. Zacks Investment Research raised shares of RCM Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, January 12th.

About RCM Technologies

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 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.

Featured Story: Elliott Wave Theory

Earnings History for RCM Technologies (NASDAQ:RCMT)

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.