Rightmove (LON:RMV) Reaches New 12-Month Low – Here’s Why

Posted by ABMN Staff on Apr 2nd, 2026

Rightmove plc (LON:RMV – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 391.40 and last traded at GBX 422.90, with a volume of 6032246 shares traded. The stock had previously closed at GBX 428.90.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price target on shares of Rightmove from GBX 521 to GBX 489 and set an “underweight” rating on the stock in a research note on Thursday, March 19th. Four analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 702.33.

Read Our Latest Stock Report on Rightmove

Rightmove Trading Down 0.4%

The firm’s 50-day simple moving average is GBX 447.82 and its 200-day simple moving average is GBX 545.33. The firm has a market capitalization of £3.20 billion, a PE ratio of 16.20, a price-to-earnings-growth ratio of 2.58 and a beta of 0.99. The company has a quick ratio of 2.55, a current ratio of 1.89 and a debt-to-equity ratio of 13.13.

Rightmove (LON:RMV – Get Free Report) last released its quarterly earnings data on Friday, February 27th. The company reported GBX 29.10 EPS for the quarter. Rightmove had a return on equity of 264.68% and a net margin of 51.06%. Equities analysts expect that Rightmove plc will post 30.2327791 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Ruaridh Hook purchased 2,077 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were acquired at an average cost of GBX 457 per share, with a total value of £9,491.89. Also, insider Johan Svanström acquired 4,328 shares of the stock in a transaction on Thursday, March 12th. The stock was bought at an average price of GBX 461 per share, with a total value of £19,952.08. 0.37% of the stock is owned by insiders.

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. The segment also offers tenant references and rent guarantee insurance services to landlords. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.