RM (LON:RM) Shares Up 10.1% – Time to Buy?

RM plc (LON:RMGet Free Report) rose 10.1% during trading on Wednesday . The company traded as high as GBX 100.20 ($1.28) and last traded at GBX 98 ($1.25). Approximately 297,734 shares traded hands during trading, an increase of 6,216% from the average daily volume of 4,714 shares. The stock had previously closed at GBX 89 ($1.14).

RM Price Performance

The stock has a fifty day moving average of GBX 79.62 and a two-hundred day moving average of GBX 82.62. The company has a current ratio of 1.00, a quick ratio of 0.38 and a debt-to-equity ratio of 543.30. The stock has a market capitalization of £81.59 million, a price-to-earnings ratio of -168.97, a PEG 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.

Further Reading

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