David Brooks Sells 30,580 Shares of RM plc (LON:RM) Stock
RM plc (LON:RM) insider David Brooks sold 30,580 shares of RM plc stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of GBX 168 ($2.19), for a total transaction of £51,374.40 ($66,902.46).
RM plc (LON:RM) traded down 0.29% during trading on Monday, reaching GBX 172.50. 6 shares of the company were exchanged. RM plc has a 52-week low of GBX 120.00 and a 52-week high of GBX 196.00. The firm’s market cap is GBX 140.28 million. The firm has a 50-day moving average of GBX 172.99 and a 200-day moving average of GBX 172.47.
The company also recently announced a dividend, which will be paid on Friday, September 8th. Shareholders of record on Thursday, August 10th will be paid a GBX 1.65 ($0.02) dividend. This represents a yield of 0.93%. The ex-dividend date of this dividend is Thursday, August 10th.
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RM has been the topic of several recent research reports. Peel Hunt decreased their price target on shares of RM plc from GBX 219 ($2.85) to GBX 199 ($2.59) and set a “buy” rating on the stock in a research report on Friday, June 2nd. Numis Securities Ltd lowered shares of RM plc to an “add” rating and set a GBX 200 ($2.60) price target on the stock. in a research report on Friday, April 28th. Finally, FinnCap restated a “buy” rating and issued a GBX 207 ($2.70) price target on shares of RM plc in a research report on Wednesday, July 5th.
RM plc Company Profile
RM plc is engaged in supplying products, services and solutions to the United Kingdom and international education markets. The Company operates in three segments: RM Resources, RM Results and RM Education. The RM Resources segment consists of TTS Group Limited (TTS), which provides resources used in schools mainly through a direct marketing business model with goods supplied from centralized distribution centers.
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