RM (LON:RM) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

RM plc (LON:RM)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 105.80 and traded as low as GBX 99. RM shares last traded at GBX 99, with a volume of 91,671 shares changing hands.

RM Trading Up 2.0%

The business has a fifty day moving average price of GBX 108.21 and a 200-day moving average price of GBX 105.80. 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 cap of £85.32 million, a P/E ratio of -1.84, a PEG ratio of 0.40 and a beta of 2.19.

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.