RM (LON:RM) Stock Passes Below 200 Day Moving Average – What’s Next?

RM plc (LON:RM) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 99.32 ($1.32) and traded as low as GBX 96 ($1.28). RM shares last traded at GBX 97 ($1.29), with a volume of 65,521 shares.

RM Trading Up 4.1%

The firm has a market capitalization of £85.32 million, a P/E ratio of -1.84, a P/E/G ratio of 0.40 and a beta of 2.19. The company’s fifty day moving average is GBX 101.54 and its 200-day moving average is GBX 99.32. The company has a current ratio of 1.00, a quick ratio of 0.38 and a debt-to-equity ratio of 543.30.

RM (LON:RM) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 11.80 ($0.16) 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%. As a group, sell-side analysts anticipate that RM plc will post 13.5042735 earnings per share for the current fiscal 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.