Shares of Rightmove plc (LON:RMV - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 607.39 ($7.51) and traded as high as GBX 643.80 ($7.96). Rightmove shares last traded at GBX 638 ($7.89), with a volume of 2,906,284 shares.
Analysts Set New Price Targets
Several analysts have commented on the stock. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Rightmove in a research report on Thursday, December 5th. Berenberg Bank reissued a "buy" rating and set a GBX 775 ($9.58) price target on shares of Rightmove in a research report on Friday, November 8th. Finally, Shore Capital restated a "buy" rating on shares of Rightmove in a research note on Friday, November 8th.
Read Our Latest Stock Report on RMV
Rightmove Trading Down 1.2 %
The business has a 50-day moving average price of GBX 636.87 and a two-hundred day moving average price of GBX 607.39. 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 stock has a market capitalization of £4.94 billion, a P/E ratio of 2,516.00, a P/E/G ratio of 2.58 and a beta of 1.05.
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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