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Rightmove (LON:RMV) Sets New 1-Year High - Time to Buy?

Rightmove logo with Communication Services background

Rightmove plc (LON:RMV - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 790.80 ($10.80) and last traded at GBX 787.60 ($10.76), with a volume of 3263732 shares. The stock had previously closed at GBX 787 ($10.75).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated an "underweight" rating on shares of Rightmove in a research report on Wednesday, March 12th.

Get Our Latest Analysis on Rightmove

Rightmove Price Performance

The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55. The stock has a fifty day simple moving average of GBX 756.99 and a 200-day simple moving average of GBX 701.41. The company has a market capitalization of £6.06 billion, a price-to-earnings ratio of 31.17, a P/E/G ratio of 2.58 and a beta of 1.05.

About Rightmove

(Get Free Report)

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.

Further Reading

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