RM (LON:RM) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

RM plc (LON:RM)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 98.35 ($1.31) and traded as low as GBX 97 ($1.30). RM shares last traded at GBX 100 ($1.34), with a volume of 195,557 shares.

RM Stock Performance

The company’s fifty day moving average price is GBX 102.06 and its two-hundred day moving average price is GBX 98.35. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30. The company has a market cap of £84.47 million, a price-to-earnings ratio of -1.82, a price-to-earnings-growth ratio of 0.40 and a beta of 2.19.

RM (LON:RM) last announced its earnings results on Tuesday, March 18th. The company reported GBX 11.80 ($0.16) EPS for the quarter. RM had a negative return on equity of 311.10% and a negative net margin of 24.97%. Research analysts expect that RM plc will post 13.5042735 earnings per share for the current year.

About RM

RM plc supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally. It operates through three divisions: RM TTS, RM Assessment, and RM Technology. The company designs and owns proprietary products for schools; and offers platform delivery of digital assessment and exam marking solutions for accreditors, educators, and learners.