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

Key Points

• RM plc's shares fell below their 200-day moving average of GBX 101.09 ($1.36), trading as low as GBX 99 ($1.33) during recent sessions, indicating potential volatility.
• The company reported earnings per share of GBX (2) with a negative net margin of 24.97%, reflecting ongoing financial struggles.
• RM plc has a market capitalization of £85.32 million and a high debt-to-equity ratio of 543.30, raising concerns about financial stability.

RM plc (LON:RM - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 101.09 ($1.36) and traded as low as GBX 99 ($1.33). RM shares last traded at GBX 101 ($1.36), with a volume of 614,666 shares traded.

RM Price Performance

The business has a 50-day moving average price of GBX 97.54 and a two-hundred day moving average price of GBX 100.90. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30. The firm has a market cap of £84.47 million, a PE ratio of -1.82, a price-to-earnings-growth ratio of 0.40 and a beta of 2.19.

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

About RM

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.