RM (LON:RM) Share Price Passes Below 200-Day Moving Average – Should You Sell?

RM plc (LON:RMGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 98.95 and traded as low as GBX 98. RM shares last traded at GBX 98.40, with a volume of 18,398 shares trading hands.

RM Price Performance

The company has a debt-to-equity ratio of 248.73, a quick ratio of 0.38 and a current ratio of 1.04. The company has a market cap of £82.78 million, a P/E ratio of -1.78, a P/E/G ratio of 0.40 and a beta of 1.66. The firm’s fifty day moving average is GBX 97.26 and its two-hundred day moving average is GBX 98.95.

RM (LON:RMGet Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The company reported GBX (2.10) EPS for the quarter. RM had a net margin of 2.20% and a return on equity of 11.11%. As a group, analysts anticipate that RM plc will post 13.5042735 earnings per share for the current fiscal year.

RM Company Profile

(Get Free Report)

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. It also provides technical teaching solutions, in which it collaborates with teachers and educational experts to create learning resources; platform-based managed services, ICT solutions, and value-added reseller services to schools, authorities, and trusts.

Further Reading

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