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Rightmove (LON:RMV) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Rightmove logo with Communication Services background

Rightmove plc (LON:RMV - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 709.57 ($9.52) and traded as high as GBX 789.20 ($10.59). Rightmove shares last traded at GBX 779.22 ($10.45), with a volume of 1,047,195 shares traded.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated an "underweight" rating and issued a GBX 625 ($8.38) price objective on shares of Rightmove in a research report on Wednesday, July 9th.

Read Our Latest Stock Report on RMV

Rightmove Stock Up 0.9%

The firm has a market cap of £6.21 billion, a PE ratio of 31.96, a PEG ratio of 2.58 and a beta of 1.05. The stock has a fifty day moving average price of GBX 767.70 and a 200-day moving average price of GBX 712.52. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83.

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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