RM (LON:RM) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

RM plc (LON:RM)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 105.62 and traded as low as GBX 95.36. RM shares last traded at GBX 99, with a volume of 101,344 shares trading hands.

RM Stock Performance

The company has a current ratio of 1.12, a quick ratio of 0.38 and a debt-to-equity ratio of 233.16. The firm has a fifty day moving average price of GBX 105.20 and a 200 day moving average price of GBX 105.62. The firm has a market cap of £83.63 million, a PE ratio of -1.80, a price-to-earnings-growth ratio of 0.40 and a beta of 1.69.

RM (LON:RM) last announced its quarterly earnings data on Thursday, March 5th. The company reported GBX 4.90 earnings per share (EPS) for the quarter. RM had a net margin of 1.35% and a return on equity of 10.33%. As a group, equities research analysts expect 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. 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.