Shares of Rightmove plc (LON:RMV - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 640.25 ($8.29) and traded as high as GBX 695.60 ($9.01). Rightmove shares last traded at GBX 680 ($8.81), with a volume of 3,361,190 shares trading hands.
Analysts Set New Price Targets
RMV has been the subject of a number of analyst reports. Royal Bank of Canada boosted their price target on Rightmove from GBX 630 ($8.16) to GBX 750 ($9.72) and gave the company a "sector perform" rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Rightmove in a research note on Wednesday.
Get Our Latest Research Report on Rightmove
Rightmove Stock Performance
The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55. The stock has a 50-day simple moving average of GBX 659.35 and a 200-day simple moving average of GBX 642.95. The stock has a market cap of £5.32 billion, a P/E ratio of 27.37, a PEG ratio of 2.58 and a beta of 1.05.
Rightmove (LON:RMV - Get Free Report) last released its earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) earnings per share (EPS) for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. Research analysts forecast that Rightmove plc will post 30.2327791 earnings per share for the current year.
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.
Further Reading
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