RM (LON:RM) Releases Earnings Results

RM (LON:RM) posted its quarterly earnings results on Thursday. The company reported GBX 4.90 earnings per share for the quarter, Digital Look Earnings reports. RM had a negative return on equity of 8.88% and a negative net margin of 0.79%.

RM Stock Performance

LON:RM traded up GBX 3.25 during mid-day trading on Thursday, reaching GBX 102. The company’s stock had a trading volume of 132,350 shares, compared to its average volume of 4,714. RM has a 12-month low of GBX 45.61 and a 12-month high of GBX 106. The firm’s fifty day moving average price is GBX 107.13 and its two-hundred day moving average price is GBX 105.76. The company has a current ratio of 0.96, a quick ratio of 0.38 and a debt-to-equity ratio of 654.94. The stock has a market cap of £86.16 million, a P/E ratio of -1.85, a PEG ratio of 0.40 and a beta of 1.69.

RM Company Profile

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.