Rightmove (LON:RMV) Stock Passes Above 200 Day Moving Average – Should You Sell?

Posted by Chris Copeland on Mar 21st, 2025

Rightmove plc (LON:RMV – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 646.68 ($8.35) and traded as high as GBX 681.60 ($8.80). Rightmove shares last traded at GBX 676.20 ($8.73), with a volume of 1,379,432 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Royal Bank of Canada lifted their price objective on Rightmove from GBX 630 ($8.13) to GBX 750 ($9.68) and gave the stock a “sector perform” rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. restated an “underweight” rating on shares of Rightmove in a research report on Wednesday, March 12th.

View Our Latest Research Report on Rightmove

Rightmove Stock Performance

The firm has a market capitalization of £5.34 billion, a PE ratio of 27.47, a P/E/G ratio of 2.58 and a beta of 1.05. The business has a 50-day simple moving average of GBX 663.62 and a 200-day simple moving average of GBX 646.98. The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55.

Rightmove (LON:RMV – Get Free Report) last released its quarterly earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) earnings per share for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. Equities research analysts expect that Rightmove plc will post 30.2327791 earnings per share for the current fiscal year.

Rightmove Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be paid a GBX 6.10 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 0.9%. This is an increase from Rightmove’s previous dividend of $3.70. Rightmove’s dividend payout ratio (DPR) is presently 36.10%.

About Rightmove

(Get Free Report)

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.