Rightmove plc (LON:RMV - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 786.40 ($10.79) and last traded at GBX 785.20 ($10.78), with a volume of 3453761 shares traded. The stock had previously closed at GBX 775.20 ($10.64).
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. JPMorgan Chase & Co. restated an "underweight" rating on shares of Rightmove in a research note on Wednesday, March 12th. Royal Bank Of Canada raised their price target on Rightmove from GBX 630 ($8.65) to GBX 750 ($10.29) and gave the company a "sector perform" rating in a report on Monday, March 3rd.
Check Out Our Latest Report on RMV
Rightmove Price Performance
The company's 50 day moving average is GBX 753.98 and its 200 day moving average is GBX 698.51. The firm has a market capitalization of £6.13 billion, a price-to-earnings ratio of 31.57, a P/E/G ratio of 2.58 and a beta of 1.05. The company has a quick ratio of 2.55, a current ratio of 1.83 and a debt-to-equity ratio of 10.15.
Rightmove Company Profile
(
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.
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