Shares of Rightmove plc (LON:RMV - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 622.95 ($7.76) and traded as high as GBX 678.20 ($8.44). Rightmove shares last traded at GBX 667 ($8.31), with a volume of 5,700,868 shares changing hands.
Wall Street Analysts Forecast Growth
RMV has been the topic of several analyst reports. Shore Capital restated a "buy" rating on shares of Rightmove in a research report on Friday, November 8th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Rightmove in a research note on Thursday, December 5th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 775 ($9.65) price target on shares of Rightmove in a research note on Friday, November 8th.
Check Out Our Latest Stock Report on Rightmove
Rightmove Stock Down 0.5 %
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 business's 50 day simple moving average is GBX 656.13 and its 200 day simple moving average is GBX 624.25. The company has a market capitalization of £5.27 billion, a PE ratio of 2,679.20, a P/E/G ratio of 2.58 and a beta of 1.05.
About Rightmove
(
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.
See Also
Before you consider Rightmove, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rightmove wasn't on the list.
While Rightmove currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
