RM (LON:RM) Share Price Crosses Below Two Hundred Day Moving Average of $241.44

RM plc (LON:RM)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $241.44 and traded as low as $259.00. RM shares last traded at $260.50, with a volume of 9,215 shares traded.

A number of equities analysts have recently weighed in on the company. Peel Hunt reaffirmed a “buy” rating on shares of RM in a research report on Monday, July 8th. Numis Securities reaffirmed a “buy” rating on shares of RM in a research report on Friday, June 14th.

The company has a quick ratio of 0.53, a current ratio of 1.06 and a debt-to-equity ratio of 54.85. The business has a 50-day moving average price of GBX 248.60 and a two-hundred day moving average price of GBX 241.52. The company has a market capitalization of $218.49 million and a price-to-earnings ratio of 11.79.

The company also recently announced a dividend, which will be paid on Friday, September 13th. Stockholders of record on Thursday, August 8th will be given a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 8th. RM’s payout ratio is 0.36%.

RM Company Profile (LON:RM)

RM plc supplies products, services, and solutions to educational markets in the United Kingdom and internationally. The company operates through three divisions: RM Resources, RM Results, and RM Education. The RM Resources division provides curriculum and education resources for schools and nurseries through direct sales force, online, and direct catalogue.

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