RM (LON:RM) Stock Price Passes Below 200-Day Moving Average – What’s Next?

RM plc (LON:RM)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 104.57 and traded as low as GBX 96.50. RM shares last traded at GBX 99, with a volume of 34,782 shares changing hands.

RM Stock Down 0.6%

The company has a market cap of £83.12 million, a PE ratio of -1.79, a PEG ratio of 0.40 and a beta of 1.60. The company has a quick ratio of 0.38, a current ratio of 1.12 and a debt-to-equity ratio of 233.16. The company’s fifty day moving average is GBX 96.26 and its 200-day moving average is GBX 104.57.

RM (LON:RM) last announced its earnings results on Thursday, March 5th. The company reported GBX 4.90 earnings per share for the quarter. RM had a net margin of 1.35% and a return on equity of 10.33%. On average, analysts predict that RM plc will post 13.5042735 EPS 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.