RM (LON:RM) Shares Cross Above Fifty Day Moving Average – Should You Sell?

RM plc (LON:RMGet Free Report)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 80.26 ($1.04) and traded as high as GBX 81.07 ($1.05). RM shares last traded at GBX 80 ($1.04), with a volume of 3,578 shares trading hands.

RM Stock Performance

The company has a market cap of £65.98 million, a PE ratio of -136.64, a P/E/G ratio of 0.40 and a beta of 2.19. The stock’s 50 day moving average is GBX 80.22 and its 200-day moving average is GBX 81.85. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30.

Insider Activity at RM

In other news, insider Mark Cook bought 3,572 shares of RM stock in a transaction dated Thursday, August 8th. The shares were acquired at an average price of GBX 83 ($1.08) per share, with a total value of £2,964.76 ($3,844.85). 20.14% of the stock is owned by insiders.

RM Company Profile

(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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