Rightmove plc (LON:RMV - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 652.63 ($8.34) and traded as high as GBX 707.60 ($9.04). Rightmove shares last traded at GBX 660 ($8.43), with a volume of 145,734,438 shares changing hands.
Analyst Ratings Changes
RMV has been the topic of a number of analyst reports. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Rightmove in a research note on Wednesday, March 12th. Royal Bank of Canada increased their price target on shares of Rightmove from GBX 630 ($8.05) to GBX 750 ($9.58) and gave the company a "sector perform" rating in a report on Monday, March 3rd.
Check Out Our Latest Stock Analysis on Rightmove
Rightmove Trading Down 2.0 %
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 market cap of £5.20 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The stock has a 50-day simple moving average of GBX 674.93 and a two-hundred day simple moving average of GBX 652.54.
Rightmove (LON:RMV - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The company reported GBX 12.80 ($0.16) earnings per share for the quarter. Rightmove had a net margin of 52.69% and a return on equity of 293.54%. As a group, sell-side analysts anticipate that Rightmove plc will post 30.2327791 EPS for the current year.
Rightmove Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be issued a dividend of GBX 6.10 ($0.08) per share. This represents a dividend yield of 0.9%. This is a boost from Rightmove's previous dividend of $3.70. The ex-dividend date of this dividend is Thursday, April 24th. Rightmove's dividend payout ratio 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.
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