Rightmove plc (LON:RMV - Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 795.20 ($10.67) and last traded at GBX 792.60 ($10.64), with a volume of 3209545 shares changing hands. The stock had previously closed at GBX 789.60 ($10.60).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. restated an "underweight" rating and set a GBX 625 ($8.39) price objective on shares of Rightmove in a research report on Wednesday, July 9th.
Read Our Latest Stock Analysis on RMV
Rightmove Stock Up 0.9%
The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83. The firm has a market capitalization of £6.21 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.58 and a beta of 1.05. The firm has a fifty day moving average price of GBX 767.70 and a 200 day moving average price of GBX 711.59.
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.
Read More
Before you consider Rightmove, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rightmove wasn't on the list.
While Rightmove currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.