Rightmove plc (LON:RMV - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 651.74 ($8.43) and traded as high as GBX 688 ($8.90). Rightmove shares last traded at GBX 687.80 ($8.89), with a volume of 166,164,453 shares.
Wall Street Analyst Weigh In
RMV has been the topic of several analyst reports. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Rightmove in a report on Wednesday, March 12th. Royal Bank of Canada lifted their price target on shares of Rightmove from GBX 630 ($8.15) to GBX 750 ($9.70) and gave the company a "sector perform" rating in a research report on Monday, March 3rd.
Get Our Latest Analysis on Rightmove
Rightmove Stock Down 0.1 %
The business has a 50 day simple moving average of GBX 669.65 and a 200 day simple moving average of GBX 651.54. The company has a market capitalization of £5.35 billion, a price-to-earnings ratio of 27.56, a PEG ratio of 2.58 and a beta of 1.05. The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55.
Rightmove (LON:RMV - Get Free Report) last posted 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%. As a group, equities analysts predict that Rightmove plc will post 30.2327791 earnings per share for the current fiscal year.
Rightmove Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be paid a dividend of GBX 6.10 ($0.08) per share. This is an increase from Rightmove's previous dividend of $3.70. This represents a yield of 0.9%. The ex-dividend date of this dividend is Thursday, April 24th. Rightmove's dividend payout ratio is presently 36.10%.
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.
Further Reading
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