RM (LON:RM) Shares Pass Below 200-Day Moving Average – What’s Next?
by Teresa Graham · The Cerbat GemRM plc (LON:RM – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 104.28 and traded as low as GBX 95. RM shares last traded at GBX 99, with a volume of 164,375 shares traded.
RM Trading Up 0.6%
The firm has a market cap of £83.63 million, a price-to-earnings ratio of -1.80, a price-to-earnings-growth 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 business has a 50 day moving average price of GBX 96.06 and a 200-day moving average price of GBX 104.28.
RM (LON:RM – Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported GBX 4.90 EPS for the quarter. RM had a return on equity of 10.33% and a net margin of 1.35%. As a group, research analysts expect that RM plc will post 13.5042735 EPS for the current fiscal year.
RM Company Profile
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.