RM (LON:RM) Shares Pass Above Fifty Day Moving Average of $79.28

Shares of RM plc (LON:RMGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 79.28 ($1.01) and traded as high as GBX 85 ($1.08). RM shares last traded at GBX 82 ($1.04), with a volume of 62,664 shares trading hands.

RM Price Performance

The stock’s fifty day moving average price is GBX 79.28 and its 200-day moving average price is GBX 65.41. The company has a debt-to-equity ratio of 393.44, a current ratio of 1.18 and a quick ratio of 0.38. The firm has a market cap of £68.78 million, a price-to-earnings ratio of -157.69, a price-to-earnings-growth ratio of 0.40 and a beta of 2.01.

Insider Activity

In other news, insider Simon Goodwin purchased 880 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The shares were acquired at an average price of GBX 56 ($0.71) per share, for a total transaction of £492.80 ($627.53). In related news, insider Christopher Humphrey acquired 30,000 shares of the company’s stock in a transaction on Thursday, April 4th. The shares were purchased at an average price of GBX 59 ($0.75) per share, for a total transaction of £17,700 ($22,539.16). Also, insider Simon Goodwin acquired 880 shares of the company’s stock in a transaction on Tuesday, April 2nd. The stock was bought at an average price of GBX 56 ($0.71) per share, for a total transaction of £492.80 ($627.53). 20.91% of the stock is owned by company insiders.

RM Company Profile

(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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