RM (LON:RM) Shares Cross Below 200-Day Moving Average – Should You Sell?

Shares of RM plc (LON:RM) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 99.71 and traded as low as GBX 90. RM shares last traded at GBX 90, with a volume of 66,801 shares trading hands.

RM Stock Performance

The company has a market cap of £76.02 million, a PE ratio of -1.64, a PEG ratio of 0.40 and a beta of 1.66. The company has a current ratio of 1.04, a quick ratio of 0.38 and a debt-to-equity ratio of 248.73. The business’s 50 day moving average is GBX 97.61 and its two-hundred day moving average is GBX 99.71.

RM (LON:RM) last issued its quarterly earnings results on Tuesday, July 14th. The company reported GBX (2.10) earnings per share (EPS) for the quarter. RM had a return on equity of 11.11% and a net margin of 2.20%. On average, equities research analysts anticipate that RM plc will post 13.5042735 EPS for the current 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.