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Rightmove (LON:RMV) Stock Price Passes Above 200 Day Moving Average - What's Next?

Rightmove logo with Communication Services background

Rightmove plc (LON:RMV - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 627.77 ($7.95) and traded as high as GBX 674.40 ($8.55). Rightmove shares last traded at GBX 673.80 ($8.54), with a volume of 398,092 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Shore Capital reaffirmed a "buy" rating on shares of Rightmove in a report on Friday, November 8th. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Rightmove in a report on Thursday, December 5th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 775 ($9.82) target price on shares of Rightmove in a report on Friday, November 8th.

Read Our Latest Analysis on RMV

Rightmove Trading Up 0.2 %

The company has a market capitalization of £5.09 billion, a price-to-earnings ratio of 26.19, 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 firm has a fifty day moving average price of GBX 655.75 and a 200-day moving average price of GBX 629.67.

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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