Rightmove plc (LON:RMV - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 667.09 ($8.87) and traded as high as GBX 728.72 ($9.69). Rightmove shares last traded at GBX 728.72 ($9.69), with a volume of 3,493,279 shares traded.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Rightmove in a research report on Wednesday, March 12th. Royal Bank of Canada lifted their price target on shares of Rightmove from GBX 630 ($8.38) to GBX 750 ($9.97) and gave the company a "sector perform" rating in a research note on Monday, March 3rd.
Get Our Latest Research Report on RMV
Rightmove Stock Down 0.4%
The stock has a market capitalization of £5.85 billion, a P/E ratio of 30.09, a P/E/G ratio of 2.58 and a beta of 1.05. The company has a current ratio of 1.83, a quick ratio of 2.55 and a debt-to-equity ratio of 10.15. The business has a 50-day moving average price of GBX 711.13 and a 200 day moving average price of GBX 670.50.
Rightmove (LON:RMV - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) earnings per share (EPS) for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. On average, equities analysts expect that Rightmove plc will post 30.2327791 EPS for the current fiscal year.
Rightmove Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 6.10 ($0.08) per share. This is an increase from Rightmove's previous dividend of $3.70. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 0.9%. Rightmove's dividend payout ratio is 36.10%.
About Rightmove
(
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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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