Rightmove plc (LON:RMV - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 575.42 ($7.49) and traded as high as GBX 600.60 ($7.82). Rightmove shares last traded at GBX 598.20 ($7.79), with a volume of 1,208,220 shares traded.
Analyst Ratings Changes
RMV has been the topic of a number of analyst reports. Shore Capital reaffirmed a "buy" rating on shares of Rightmove in a research note on Monday, September 2nd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 650 ($8.46) price objective on shares of Rightmove in a research note on Tuesday, September 3rd. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Rightmove presently has a consensus rating of "Hold" and an average target price of GBX 602.67 ($7.85).
Get Our Latest Research Report on RMV
Rightmove Stock Up 0.3 %
The stock has a market cap of £4.71 billion, a PE ratio of 2,399.20, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The company has a current ratio of 1.83, a quick ratio of 2.55 and a debt-to-equity ratio of 10.15. The business has a 50-day moving average price of GBX 631.14 and a 200-day moving average price of GBX 575.96.
About Rightmove
(
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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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