RM (LON:RM) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

Key Points

• Shares of RM plc (LON:RM) have passed above their 50-day moving average of GBX 98.72, recently trading at GBX 103 ($1.39).
• The company reported a negative EPS of GBX (2) (($0.03)) for the last quarter, alongside a significant negative return on equity of 311.10% and negative net margin of 24.97%.
• RM plc operates in the educational market, providing products and services through three divisions: RM TTS, RM Assessment, and RM Technology.

RM plc (LON:RM - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 98.72 ($1.34) and traded as high as GBX 104 ($1.41). RM shares last traded at GBX 103 ($1.40), with a volume of 43,380 shares trading hands.

RM Trading Down 2.0%

The company has a fifty day simple moving average of GBX 98.84 and a two-hundred day simple moving average of GBX 101.30. 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 stock has a market capitalization of £84.47 million, a P/E 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 released its earnings results on Tuesday, July 15th. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter. RM had a negative net margin of 24.97% and a negative return on equity of 311.10%. On average, sell-side analysts expect that RM plc will post 13.5042735 earnings per share 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.