RM (LON:RM) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• RM plc's shares have fallen below their 200-day moving average of GBX 100.52, currently trading at GBX 100 ($1.35), raising concerns among investors about potential selling.
• The company reports a market cap of £84.47 million, along with a negative P/E ratio of -1.82 and a significantly high debt-to-equity ratio of 543.30, indicating financial instability.
• Recent earnings showed a negative earnings per share (EPS) of GBX (2) and a negative return on equity of 311.10%, signaling ongoing challenges within the company.

Shares of RM plc (LON:RM - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 100.52 ($1.36) and traded as low as GBX 100 ($1.35). RM shares last traded at GBX 100 ($1.35), with a volume of 1,535 shares.

RM Stock Performance

The company has a market cap of £84.47 million, a P/E ratio of -1.82, a P/E/G ratio of 0.40 and a beta of 2.19. 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 business has a 50-day moving average price of GBX 98.67 and a two-hundred day moving average price of GBX 100.52.

RM (LON:RM - Get Free Report) last released its earnings results 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, analysts predict 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.

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