RM (LON:RM) Shares Cross Above Fifty Day Moving Average – Should You Sell?

RM plc (LON:RMGet Free Report)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 80.26 ($1.04) and traded as high as GBX 81.07 ($1.05). RM shares last traded at GBX 80 ($1.04), with a volume of 3,578 shares changing hands.

RM Stock Performance

The stock’s fifty day moving average price is GBX 80.22 and its 200 day moving average price is GBX 81.85. 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 stock has a market cap of £65.98 million, a PE ratio of -136.64, a PEG ratio of 0.40 and a beta of 2.19.

Insider Buying and Selling

In related news, insider Mark Cook bought 3,572 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were bought at an average price of GBX 83 ($1.08) per share, for a total transaction of £2,964.76 ($3,844.85). 20.14% of the stock is currently owned by corporate insiders.

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.

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