Insider Buying: RM (LON:RM) Insider Acquires 17,436 Shares of Stock

Key Points

• Jamie Murray Wells, an insider at RM plc, purchased 17,436 shares at an average price of GBX 102, totaling around £17,784.72 on October 17th.
• RM shares experienced a 2.0% increase during midday trading on Monday, reaching GBX 103.
• RM plc operates in the education sector, providing products and solutions internationally through divisions such as RM TTS, RM Assessment, and RM Technology.

RM plc (LON:RM - ) insider Jamie Murray Wells bought 17,436 shares of the company's stock in a transaction dated Friday, October 17th. The stock was purchased at an average price of GBX 102 per share, for a total transaction of £17,784.72.

RM Stock Up 2.0%

Shares of LON RM traded up GBX 2 during midday trading on Monday, hitting GBX 103. The stock had a trading volume of 192,712 shares, compared to its average volume of 4,714. The business's 50 day moving average is GBX 99.89 and its 200-day moving average is GBX 99.64. The company has a market cap of £87.00 million, a P/E ratio of -1.87, a PEG ratio of 0.40 and a beta of 2.19. RM plc has a 52 week low of GBX 45.61 and a 52 week high of GBX 106. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30.

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.

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