RM (LON:RM) Stock Crosses Below 200 Day Moving Average - What's Next?

Shares of RM plc (LON:RM - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 98.35 ($1.31) and traded as low as GBX 97 ($1.29). RM shares last traded at GBX 100 ($1.33), with a volume of 195,557 shares traded.

RM Stock Performance

The stock's fifty day simple moving average is GBX 101.80 and its two-hundred day simple moving average is GBX 98.71. The company has a market cap of £82.78 million, a price-to-earnings ratio of -1.78, a price-to-earnings-growth ratio of 0.40 and a beta of 2.19. The company has a debt-to-equity ratio of 543.30, a quick ratio of 0.38 and a current ratio of 1.00.

RM (LON:RM - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 11.80 ($0.16) earnings per share (EPS) for the quarter. RM had a negative return on equity of 311.10% and a negative net margin of 24.97%. Equities research analysts anticipate that RM plc will post 13.5042735 EPS for the current year.

RM Company Profile

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.