RM (LON:RM) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of RM plc (LON:RM) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 104.63 and traded as low as GBX 97.40. RM shares last traded at GBX 97.40, with a volume of 53,742 shares trading hands.

RM Trading Down 1.6%

The company has a market cap of £82.27 million, a price-to-earnings ratio of -1.77, a PEG ratio of 0.40 and a beta of 1.60. The firm has a 50 day moving average price of GBX 96.57 and a two-hundred day moving average price of GBX 104.63. The company has a quick ratio of 0.38, a current ratio of 1.12 and a debt-to-equity ratio of 233.16.

RM (LON:RM) last issued its quarterly earnings results on Thursday, March 5th. The company reported GBX 4.90 earnings per share for the quarter. RM had a return on equity of 10.33% and a net margin of 1.35%. As a group, equities analysts forecast that RM plc will post 13.5042735 earnings per share for the current year.

About RM

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. It also provides technical teaching solutions, in which it collaborates with teachers and educational experts to create learning resources; platform-based managed services, ICT solutions, and value-added reseller services to schools, authorities, and trusts.