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RM (LON:RM) Stock Crosses Above 50-Day Moving Average - Should You Sell?

RM logo with Computer and Technology background

RM plc (LON:RM - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 97.53 ($1.32) and traded as high as GBX 98.50 ($1.33). RM shares last traded at GBX 94.50 ($1.27), with a volume of 21,711 shares trading hands.

RM Stock Performance

The firm has a market cap of £80.67 million, a P/E ratio of -1.74, a PEG ratio of 0.40 and a beta of 2.19. The stock's 50 day moving average is GBX 97.27 and its two-hundred day moving average is GBX 102.77. The company has a debt-to-equity ratio of 543.30, a current ratio of 1.00 and a quick ratio of 0.38.

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.

Further Reading

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