RM (LON:RM) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

RM plc (LON:RM) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 101.02 ($1.38) and traded as high as GBX 112 ($1.52). RM shares last traded at GBX 109 ($1.48), with a volume of 14,027 shares changing hands.

RM Price Performance

The stock’s 50-day moving average price is GBX 101.02 and its 200 day moving average price is GBX 102.25. The firm has a market capitalization of £92.07 million, a price-to-earnings ratio of -1.98, a PEG 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.

RM (LON:RM) last issued its earnings results on Tuesday, March 18th. The company reported GBX 11.80 ($0.16) EPS for the quarter. RM had a negative net margin of 24.97% and a negative return on equity of 311.10%. Equities research analysts expect that RM plc will post 13.5042735 earnings per share for the current fiscal year.

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.