RM (LON:RM) Shares Pass Below 200 Day Moving Average of $76.32

RM plc (LON:RM)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 76.32 ($0.96) and traded as low as GBX 60 ($0.75). RM shares last traded at GBX 60.60 ($0.76), with a volume of 49,728 shares.

RM Price Performance

The stock has a market cap of £50.50 million, a price-to-earnings ratio of -378.75, a price-to-earnings-growth ratio of 0.40 and a beta of 2.02. The company’s 50-day moving average is GBX 71.30 and its 200-day moving average is GBX 76.32. The company has a quick ratio of 0.38, a current ratio of 1.14 and a debt-to-equity ratio of 119.37.

Insider Transactions at RM

In other RM news, insider Helen Stevenson acquired 9,803 shares of RM stock in a transaction on Wednesday, August 9th. The shares were purchased at an average cost of GBX 51 ($0.64) per share, with a total value of £4,999.53 ($6,256.45). Company insiders own 10.58% of the company’s stock.

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 segments: RM Resources, RM Assessment, and RM Technology. The RM Resources segment offers teaching resources and education supplies for schools and nurseries.