RM (LON:RM) Stock Passes Above 50-Day Moving Average – Should You Sell?

RM plc (LON:RMGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 92.10 ($1.12) and traded as high as GBX 111.44 ($1.36). RM shares last traded at GBX 110 ($1.34), with a volume of 95,639 shares traded.

RM Trading Down 1.3 %

The business has a 50 day moving average of GBX 93.34 and a 200-day moving average of GBX 85.32. The stock has a market cap of £91.59 million, a PE ratio of -189.66, a price-to-earnings-growth ratio of 0.40 and a beta of 2.19. The company has a current ratio of 1.00, a quick ratio of 0.38 and a debt-to-equity ratio of 543.30.

About RM

(Get Free Report)

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.

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