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 646.68 ($8.35) and traded as high as GBX 681.60 ($8.80). Rightmove shares last traded at GBX 676.20 ($8.73), with a volume of 1,379,432 shares trading hands.
Wall Street Analyst Weigh In
RMV has been the topic of a number of recent research reports. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Rightmove in a research note on Wednesday, March 12th. Royal Bank of Canada lifted their price objective on Rightmove from GBX 630 ($8.13) to GBX 750 ($9.68) and gave the stock a "sector perform" rating in a report on Monday, March 3rd.
View Our Latest Analysis on Rightmove
Rightmove Stock Performance
The business's 50-day simple moving average is GBX 664.35 and its 200 day simple moving average is GBX 647.85. The firm has a market cap of £5.34 billion, a P/E ratio of 27.47, a P/E/G 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.
Rightmove (LON:RMV - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The company reported GBX 12.80 ($0.17) 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 year.
Rightmove Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be issued a GBX 6.10 ($0.08) dividend. This is an increase from Rightmove's previous dividend of $3.70. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 0.9%. Rightmove's dividend payout ratio (DPR) is presently 36.10%.
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.
Featured Articles
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
