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RM (LON:RM) Shares Cross Below 200-Day Moving Average - Time to Sell?

RM logo with Computer and Technology background

RM plc (LON:RM - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 82.70 ($1.05) and traded as low as GBX 76.01 ($0.96). RM shares last traded at GBX 79.25 ($1.01), with a volume of 28,109 shares changing hands.

RM Stock Performance

The business has a 50 day moving average of GBX 79.60 and a 200 day moving average of GBX 82.70. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30. The company has a market capitalization of £61.20 million, a P/E ratio of -136.64, a price-to-earnings-growth ratio of 0.40 and a beta of 2.19.

About RM

(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.

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