RM (LON:RM) Shares Cross Below 200 Day Moving Average – Here’s Why
by Teresa Graham · The Cerbat GemRM plc (LON:RM – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 105.64 and traded as low as GBX 103.49. RM shares last traded at GBX 105, with a volume of 162,034 shares trading hands.
RM Stock Performance
The stock has a market cap of £88.69 million, a PE ratio of -1.91, a price-to-earnings-growth ratio of 0.40 and a beta of 2.19. The stock has a fifty day moving average of GBX 111.12 and a 200-day moving average of GBX 105.70. The company has a quick ratio of 0.38, a current ratio of 1.00 and a debt-to-equity ratio of 543.30.
About RM
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. It also provides technical teaching solutions, in which it collaborates with teachers and educational experts to create learning resources; platform-based managed services, ICT solutions, and value-added reseller services to schools, authorities, and trusts.