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RM (LON:RM) Share Price Crosses Above 50 Day Moving Average - What's Next?

RM logo with Computer and Technology background

Key Points

  • RM plc's stock price has recently crossed above its 50-day moving average of GBX 100.63, reaching a high of GBX 103 ($1.40) during trading.
  • The company reported a quarterly loss with earnings per share (EPS) of GBX (2) and has a negative net margin of 24.97%.
  • RM plc operates in the educational market and provides products and services via three divisions: RM TTS, RM Assessment, and RM Technology.
  • Five stocks to consider instead of RM.

RM plc (LON:RM - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 100.63 ($1.36) and traded as high as GBX 103 ($1.39). RM shares last traded at GBX 103 ($1.39), with a volume of 5 shares trading hands.

RM Trading Down 1.9%

The company has a debt-to-equity ratio of 543.30, a quick ratio of 0.38 and a current ratio of 1.00. The firm has a market cap of £85.32 million, a P/E ratio of -1.84, a PEG ratio of 0.40 and a beta of 2.19. The company has a 50 day moving average of GBX 101.28 and a 200 day moving average of GBX 100.14.

RM (LON:RM - Get Free Report) last issued its quarterly earnings data on Tuesday, July 15th. The company reported GBX (2) earnings per share for the quarter. RM had a negative net margin of 24.97% and a negative return on equity of 311.10%. Analysts predict that RM plc will post 13.5042735 EPS for the current fiscal year.

RM Company Profile

(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.

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