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RM (LON:RM) Share Price Crosses Below 200-Day Moving Average - Should You Sell?

RM logo with Computer and Technology background
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Key Points

  • Technical signal: RM shares crossed below their 200‑day moving average (200‑day MA GBX 104.63), trading as low as GBX 97.40 and down about 1.6% on a volume of 53,742 shares.
  • Balance-sheet and valuation concerns: the company has a debt‑to‑equity ratio of 233.16, low liquidity (quick ratio 0.38, current ratio 1.12) and a negative P/E (-1.77).
  • Business and earnings snapshot: RM, an educational technology provider, reported quarterly EPS of GBX 4.90 with ROE 10.33% and a 1.35% net margin, while analysts forecast about GBX 13.50 EPS for the current fiscal year.
  • Five stocks we like better than RM.

RM plc (LON:RM - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 104.63 and traded as low as GBX 97.40. RM shares last traded at GBX 97.40, with a volume of 53,742 shares traded.

RM Trading Down 1.6%

The business has a fifty day simple moving average of GBX 96.57 and a 200-day simple moving average of GBX 104.63. The company has a debt-to-equity ratio of 233.16, a quick ratio of 0.38 and a current ratio of 1.12. The firm has a market cap of £82.27 million, a price-to-earnings ratio of -1.77, a PEG ratio of 0.40 and a beta of 1.60.

RM (LON:RM - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported GBX 4.90 earnings per share (EPS) for the quarter. RM had a return on equity of 10.33% and a net margin of 1.35%. As a group, equities analysts forecast that RM plc will post 13.5042735 earnings per share for the current fiscal year.

About RM

(Get Free Report)

RM plc supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally. It operates through three divisions: RM TTS, RM Assessment, and RM Technology. The company designs and owns proprietary products for schools; and offers platform delivery of digital assessment and exam marking solutions for accreditors, educators, and learners. It also provides technical teaching solutions, in which it collaborates with teachers and educational experts to create learning resources; platform-based managed services, ICT solutions, and value-added reseller services to schools, authorities, and trusts.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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