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

RCM Technologies (NASDAQ:RCMT) released its quarterly earnings results on Wednesday. The business services provider reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.37), Zacks reports. RCM Technologies had a return on equity of 58.70% and a net margin of 5.77%.

RCM Technologies Trading Up 2.2 %

RCMT traded up $0.39 during trading on Wednesday, reaching $17.84. 45,457 shares of the company’s stock were exchanged, compared to its average volume of 53,351. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.06. RCM Technologies has a one year low of $16.50 and a one year high of $29.23. The firm has a fifty day moving average price of $19.68 and a two-hundred day moving average price of $20.91. The stock has a market capitalization of $135.53 million, a PE ratio of 9.15 and a beta of 0.58.

About RCM Technologies

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.