Rightmove plc (LON:RMV - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 696.60 ($9.16) and last traded at GBX 671.20 ($8.83), with a volume of 258933125 shares changing hands. The stock had previously closed at GBX 555.60 ($7.31).
Analyst Ratings Changes
RMV has been the topic of a number of research analyst reports. JPMorgan Chase & Co. restated an "underweight" rating and set a GBX 483 ($6.35) price target on shares of Rightmove in a research report on Thursday, June 6th. Berenberg Bank restated a "buy" rating and issued a GBX 650 ($8.55) target price on shares of Rightmove in a research note on Monday, July 29th. Finally, Shore Capital reiterated a "buy" rating on shares of Rightmove in a research report on Monday. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of GBX 602.67 ($7.92).
Get Our Latest Stock Analysis on Rightmove
Rightmove Price Performance
The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83. The stock has a market capitalization of £5.59 billion, a P/E ratio of 2,832.00, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The stock has a 50-day simple moving average of GBX 555.37 and a 200 day simple moving average of GBX 549.99.
Rightmove Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 26th will be issued a dividend of GBX 3.70 ($0.05) per share. The ex-dividend date is Thursday, September 26th. This represents a yield of 0.65%. Rightmove's dividend payout ratio is currently 3,600.00%.
Rightmove Company Profile
(
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.
Further Reading
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