RM (LON:RM) Stock Price Passes Above 50 Day Moving Average of $59.64

Shares of RM plc (LON:RM) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 59.64 ($0.75) and traded as high as GBX 77 ($0.97). RM shares last traded at GBX 73.75 ($0.93), with a volume of 103,683 shares.

RM Stock Up 0.7 %

The firm’s 50-day moving average price is GBX 59.64 and its two-hundred day moving average price is GBX 57.89. The company has a debt-to-equity ratio of 393.44, a quick ratio of 0.38 and a current ratio of 1.18. The firm has a market cap of £62.28 million, a PE ratio of -142.79, a P/E/G ratio of 0.40 and a beta of 2.09.

Insider Buying and Selling

In other news, insider Christopher Humphrey bought 30,000 shares of RM stock in a transaction dated Thursday, April 4th. The stock was acquired at an average cost of GBX 59 ($0.74) per share, with a total value of £17,700 ($22,233.39). In other news, insider Christopher Humphrey purchased 30,000 shares of the business’s stock in a transaction on Thursday, April 4th. The shares were bought at an average price of GBX 59 ($0.74) per share, with a total value of £17,700 ($22,233.39). Also, insider Simon Goodwin acquired 880 shares of RM stock in a transaction on Tuesday, April 2nd. The stock was purchased at an average price of GBX 56 ($0.70) per share, with a total value of £492.80 ($619.02). 20.77% of the stock is owned by company insiders.

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.