Dimensional Fund Advisors LP Has $5.27 Million Holdings in RCM Technologies, Inc. (RCMT)
Dimensional Fund Advisors LP lessened its stake in RCM Technologies, Inc. (NASDAQ:RCMT) by 0.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,042,905 shares of the business services provider’s stock after selling 5,202 shares during the quarter. Dimensional Fund Advisors LP owned about 8.72% of RCM Technologies worth $5,267,000 at the end of the most recent reporting period.
Separately, Municipal Employees Retirement System of Michigan boosted its holdings in RCM Technologies by 32.5% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 63,250 shares of the business services provider’s stock worth $319,000 after acquiring an additional 15,520 shares during the period. 52.50% of the stock is owned by hedge funds and other institutional investors.
RCM Technologies, Inc. (NASDAQ RCMT) opened at $6.76 on Wednesday. RCM Technologies, Inc. has a 52-week low of $4.51 and a 52-week high of $7.19. The stock has a market capitalization of $83.11, a P/E ratio of 36.42 and a beta of 0.14. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.42 and a quick ratio of 2.42.
RCM Technologies (NASDAQ:RCMT) last announced its earnings results on Wednesday, November 1st. The business services provider reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.01). RCM Technologies had a net margin of 0.86% and a return on equity of 7.19%. The business had revenue of $43.83 million during the quarter.
RCM Technologies Company Profile
RCM Technologies, Inc is a provider of business and technology solutions. The Company is also a provider of specialty healthcare services to healthcare institutions and educational facilities. The Company operates through three segments: Engineering, Information Technology (IT) and Specialty Health Care Services.
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