RM (LON:RM) Shares Up 10.1% – What’s Next?

Shares of RM plc (LON:RM) were up 10.1% during trading on Wednesday . The company traded as high as GBX 100.20 ($1.26) and last traded at GBX 98 ($1.24). Approximately 297,734 shares changed hands during mid-day trading, an increase of 6,216% from the average daily volume of 4,714 shares. The stock had previously closed at GBX 89 ($1.12).

RM Stock Performance

The company has a market cap of £82.22 million, a P/E ratio of -170.26, a P/E/G ratio of 0.40 and a beta of 2.19. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30. The business has a fifty day simple moving average of GBX 80.32 and a two-hundred day simple moving average of GBX 82.71.

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.