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RM (LON:RM) Shares Pass Above Fifty Day Moving Average - Here's What Happened

RM logo with Computer and Technology background

Shares of RM plc (LON:RM - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 88.36 ($1.10) and traded as high as GBX 108 ($1.35). RM shares last traded at GBX 108 ($1.35), with a volume of 86,975 shares trading hands.

RM Trading Up 2.4 %

The firm has a 50 day moving average price of GBX 88.36 and a 200 day moving average price of GBX 83.84. The stock has a market capitalization of £89.92 million, a PE ratio of -186.21, a P/E/G ratio of 0.40 and a beta of 2.19. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30.

RM Company Profile

(Get Free Report)

RM plc supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally. It operates through three divisions: RM TTS, RM Assessment, and RM Technology. The company designs and owns proprietary products for schools; and offers platform delivery of digital assessment and exam marking solutions for accreditors, educators, and learners.

Further Reading

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