Algert Global LLC reduced its stake in shares of R C M Technologies Inc (NASDAQ:RCMT) by 40.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,336 shares of the business services provider’s stock after selling 22,397 shares during the quarter. Algert Global LLC owned 0.25% of R C M Technologies worth $100,000 as of its most recent SEC filing.
Separately, Bourgeon Capital Management LLC grew its holdings in shares of R C M Technologies by 11.8% during the 4th quarter. Bourgeon Capital Management LLC now owns 147,622 shares of the business services provider’s stock worth $458,000 after purchasing an additional 15,594 shares in the last quarter. Institutional investors own 28.47% of the company’s stock.
RCMT opened at $4.32 on Tuesday. The firm has a market cap of $55.10 million, a PE ratio of 7.60 and a beta of 0.78. R C M Technologies Inc has a 52-week low of $2.54 and a 52-week high of $6.55. The company has a current ratio of 2.45, a quick ratio of 2.46 and a debt-to-equity ratio of 0.99.
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RCM Technologies, Inc provides business and technology solutions to the commercial and government sectors in the United States, Canada, the Puerto Rico, and Serbia. The company operates through three segments: Engineering, Specialty Health Care, and Information Technology. The Engineering segment provides 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.
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