RM plc (LON:RM) insider David Brooks sold 30,580 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of GBX 168 ($2.19), for a total value of £51,374.40 ($66,902.46).
RM plc (LON RM) opened at 170.50 on Thursday. The company’s 50-day moving average price is GBX 173.33 and its 200 day moving average price is GBX 173.55. RM plc has a 52 week low of GBX 120.00 and a 52 week high of GBX 196.00. The company’s market cap is GBX 138.66 million.
The company also recently announced a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, August 10th will be given a dividend of GBX 1.65 ($0.02) per share. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.93%.
Several research analysts recently weighed in on RM shares. FinnCap reaffirmed a “buy” rating and set a GBX 207 ($2.70) target price on shares of RM plc in a research note on Wednesday, July 5th. Peel Hunt reaffirmed a “buy” rating and set a GBX 199 ($2.59) target price on shares of RM plc in a research note on Tuesday, July 4th. Finally, Numis Securities Ltd cut RM plc to an “add” rating and set a GBX 200 ($2.60) target price for the company. in a research note on Friday, April 28th.
About RM plc
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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