RM (LON:RM) Stock Crosses Below 200-Day Moving Average – Time to Sell?

RM plc (LON:RMGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 103.26 and traded as low as GBX 102. RM shares last traded at GBX 102, with a volume of 32,386 shares trading hands.

RM Trading Up 1.0%

The firm has a market capitalization of £87.00 million, a PE ratio of -1.87, a PEG ratio of 0.40 and a beta of 1.60. The company has a current ratio of 1.12, a quick ratio of 0.38 and a debt-to-equity ratio of 233.16. The business has a fifty day moving average price of GBX 98.98 and a two-hundred day moving average price of GBX 103.26.

About RM

(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. 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.

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