Rightmove plc (LON:RMV - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 667.09 ($8.88) and traded as high as GBX 728.72 ($9.70). Rightmove shares last traded at GBX 728.72 ($9.70), with a volume of 3,493,279 shares traded.
Wall Street Analyst Weigh In
RMV has been the topic of several recent research reports. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Rightmove in a report on Wednesday, March 12th. Royal Bank of Canada raised their target price on shares of Rightmove from GBX 630 ($8.38) to GBX 750 ($9.98) and gave the stock a "sector perform" rating in a report on Monday, March 3rd.
View Our Latest Analysis on RMV
Rightmove Stock Performance
The stock has a fifty day simple moving average of GBX 706.34 and a two-hundred day simple moving average of GBX 667.09. The stock has a market cap of £5.73 billion, a price-to-earnings ratio of 29.46, a P/E/G ratio of 2.58 and a beta of 1.05. 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 (LON:RMV - Get Free Report) last issued its earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) earnings per share for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. Analysts expect that Rightmove plc will post 30.2327791 EPS for the current fiscal year.
Rightmove Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be given a GBX 6.10 ($0.08) dividend. The ex-dividend date is Thursday, April 24th. This represents a yield of 0.9%. This is a positive change from Rightmove's previous dividend of $3.70. Rightmove's dividend payout ratio (DPR) is currently 36.10%.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
