Rightmove plc (LON:RMV - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 610.68 ($7.47) and traded as high as GBX 633.40 ($7.75). Rightmove shares last traded at GBX 627 ($7.67), with a volume of 7,119,830 shares traded.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Shore Capital restated a "buy" rating on shares of Rightmove in a research note on Friday, November 8th. Berenberg Bank restated a "buy" rating and set a GBX 775 ($9.48) target price on shares of Rightmove in a research report on Friday, November 8th. Finally, JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Rightmove in a research note on Thursday, December 5th.
View Our Latest Research Report on Rightmove
Rightmove Trading Up 4.3 %
The company has a quick ratio of 2.55, a current ratio of 1.83 and a debt-to-equity ratio of 10.15. The stock has a market capitalization of £5.14 billion, a price-to-earnings ratio of 2,616.00, a PEG ratio of 2.58 and a beta of 1.05. The company's 50-day moving average is GBX 641.44 and its 200-day moving average is GBX 611.32.
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.
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