RCM Technologies (NASDAQ:RCMT) Posts Quarterly Earnings Results, Misses Expectations By $0.37 EPS

RCM Technologies (NASDAQ:RCMT) announced its quarterly earnings data on Wednesday. The business services provider reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.37), Zacks reports. RCM Technologies had a net margin of 5.77% and a return on equity of 58.70%.

RCM Technologies Trading Up 2.2 %

Shares of RCMT stock traded up $0.39 on Wednesday, reaching $17.84. 45,457 shares of the stock were exchanged, compared to its average volume of 53,350. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.06. The stock has a market cap of $135.53 million, a P/E ratio of 9.15 and a beta of 0.58. The firm has a 50 day moving average of $19.68 and a two-hundred day moving average of $20.91. RCM Technologies has a 1-year low of $16.50 and a 1-year high of $29.23.

RCM Technologies Company Profile

RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Europe. 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.