RTC Group (LON:RTC) Hits New 52-Week High – Here’s Why

RTC Group plc (LON:RTC)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 114.75 and last traded at GBX 114.75, with a volume of 42077 shares trading hands. The stock had previously closed at GBX 103.50.

RTC Group Price Performance

The stock has a fifty day simple moving average of GBX 100.77 and a 200-day simple moving average of GBX 96.66. The company has a market capitalization of £14.41 million, a PE ratio of 8.42 and a beta of 1.17. The company has a current ratio of 1.80, a quick ratio of 1.49 and a debt-to-equity ratio of 26.93.

Insiders Place Their Bets

In other RTC Group news, insider Nick Spoliar purchased 5,072 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average cost of GBX 97 per share, with a total value of £4,919.84. 38.08% of the stock is currently owned by insiders.

About RTC Group

RTC Group plc, through its subsidiaries, provides recruitment services in the United Kingdom, the United States, and the Middle East. It offers technical recruitment solutions to the general engineering, manufacturing, transport, build environment, infrastructure, commercial disciplines, sales and technical sales, scientific, chemical, energy and utilities, and defense and aerospace sectors; technical and engineering workforce solutions, such as recruitment, training, account management, contingent labor, and fleet provision to the rail, energy, construction, highways, and transportation sectors; and contract and permanent staffing solutions.