RM plc (LON:RM)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $283.80 and traded as low as $280.00. RM shares last traded at $284.00, with a volume of 21,523 shares trading hands.
Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 373 ($4.91) target price (up previously from GBX 330 ($4.34)) on shares of RM in a research note on Monday, February 3rd.
The company has a current ratio of 1.08, a quick ratio of 0.57 and a debt-to-equity ratio of 34.48. The firm has a fifty day moving average price of GBX 284.05 and a 200 day moving average price of GBX 275.94. The firm has a market cap of $238.21 million and a PE ratio of 12.61.
RM Company Profile (LON:RM)
RM plc supplies products, services, and solutions to educational markets in the United Kingdom and internationally. The company operates through three divisions: RM Resources, RM Results, and RM Education. The RM Resources division provides curriculum and education resources for schools and nurseries through direct sales force, online, and direct catalogue.
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