Ricardo show relatively strong fundamentals and is coming back to attractive prices.

From a fundamental viewpoint, the company has a valuation in line with the industry as its enterprise value ratios show. Moreover, the growth characteristic of the company give one more argument for investors to buy the stock.

Currently the stock is back on a support level of the GBp 850/955 trading range.
The lower band of this area gives argument to buy the stock with a limited risk. The stock should be able to confirm its increase in the next trading sessions if this level is preserved.
Indeed, this support is a trading opportunity in order to anticipate a technical rebound towards GBp 925 and by extension towards GBp 955.5.

So as to make the most of a potential technical rebound, it seems opportune to open a long trade at the current price. A confirmation of this pattern would enable the security to reach the GBp 925 resistance at first. Investors should not insist under GBp 851 and are better of placing a stop loss order under this threshold (GBp 838).