RM (LON:RM) Announces Earnings Results

RM (LON:RM) posted its quarterly earnings data on Tuesday. The company reported GBX (2.10) earnings per share for the quarter, Digital Look Earnings reports. RM had a net margin of 1.35% and a return on equity of 10.33%.

RM Stock Performance

LON RM opened at GBX 92 on Tuesday. The business’s 50-day moving average price is GBX 98.71 and its two-hundred day moving average price is GBX 100.86. RM has a 12 month low of GBX 45.61 and a 12 month high of GBX 106. The firm has a market capitalization of £77.71 million, a PE ratio of -1.67, a price-to-earnings-growth ratio of 0.40 and a beta of 1.66. The company has a current ratio of 1.12, a quick ratio of 0.38 and a debt-to-equity ratio of 233.16.

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.