RM (LON:RM) Shares Pass Above 50-Day Moving Average – What’s Next?

RM plc (LON:RMGet Free Report)’s share price passed 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 changing hands.

RM Stock Down 1.3 %

The firm’s 50-day simple moving average is GBX 93.34 and its 200 day simple moving average is GBX 85.32. The company has a debt-to-equity ratio of 543.30, a quick ratio of 0.38 and a current ratio of 1.00. The company has a market capitalization 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.

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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