RM (LON:RM) Shares Cross Below 200 Day Moving Average – Here’s Why

RM plc (LON:RM) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 105.81 and traded as low as GBX 99.88. RM shares last traded at GBX 102, with a volume of 161,958 shares traded.

RM Trading Down 1.0%

The company has a current ratio of 1.00, a quick ratio of 0.38 and a debt-to-equity ratio of 543.30. The business has a 50 day moving average price of GBX 109.25 and a 200-day moving average price of GBX 105.81. The firm has a market capitalization of £86.16 million, a PE ratio of -1.85, a P/E/G ratio of 0.40 and a beta of 2.19.

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. It also provides technical teaching solutions, in which it collaborates with teachers and educational experts to create learning resources; platform-based managed services, ICT solutions, and value-added reseller services to schools, authorities, and trusts.