RTC Group (LON:RTC) Hits New 52-Week High – Still a Buy?

Shares of RTC Group plc (LON:RTC) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 120 and last traded at GBX 105.25, with a volume of 27673 shares changing hands. The stock had previously closed at GBX 112.50.

RTC Group Stock Performance

The business’s 50-day simple moving average is GBX 102.02 and its two-hundred day simple moving average is GBX 97.07. The company has a quick ratio of 1.49, a current ratio of 1.80 and a debt-to-equity ratio of 26.93. The firm has a market cap of £13.21 million, a price-to-earnings ratio of 7.72 and a beta of 1.17.

Insider Transactions at RTC Group

In related news, insider Nick Spoliar purchased 5,072 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were purchased at an average price of GBX 97 per share, with a total value of £4,919.84. Corporate insiders own 38.08% of the company’s stock.

RTC Group Company Profile

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.