Rightmove plc (LON:RMV - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 568.65 ($7.43) and traded as high as GBX 644.20 ($8.41). Rightmove shares last traded at GBX 644.20 ($8.41), with a volume of 900,090 shares traded.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on RMV. Shore Capital reiterated a "buy" rating on shares of Rightmove in a report on Monday, September 2nd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 650 ($8.49) target price on shares of Rightmove in a research note on Tuesday, September 3rd. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Rightmove currently has an average rating of "Hold" and a consensus target price of GBX 602.67 ($7.87).
Check Out Our Latest Stock Analysis on Rightmove
Rightmove Trading Down 0.7 %
The stock has a market cap of £5.03 billion, a price-to-earnings ratio of 2,557.60, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. 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 company has a 50 day moving average of GBX 612.68 and a 200-day moving average of GBX 569.27.
Rightmove Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be issued a GBX 3.70 ($0.05) dividend. The ex-dividend date is Thursday, September 26th. This represents a yield of 0.65%. Rightmove's dividend payout ratio (DPR) is presently 3,600.00%.
About Rightmove
(
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.
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