RM (LON:RM) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

RM plc (LON:RM)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 111.23 and traded as low as GBX 111. RM shares last traded at GBX 112.50, with a volume of 153,946 shares trading hands.

RM Price Performance

The company has a 50-day simple moving average of GBX 111.26 and a 200-day simple moving average of GBX 103.54. The stock has a market cap of £96.30 million, a PE ratio of -2.07, a PEG ratio of 0.40 and a beta of 2.19. The company has a debt-to-equity ratio of 543.30, a current ratio of 1.00 and a quick ratio of 0.38.

Insider Buying and Selling at RM

In related news, insider Jamie Murray Wells acquired 17,436 shares of RM stock in a transaction that occurred on Friday, October 17th. The stock was purchased at an average price of GBX 102 per share, for a total transaction of £17,784.72. 20.14% of the stock is currently owned by company insiders.

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.