RM (LON:RM) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

RM plc (LON:RM) shares passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 99.42 and traded as low as GBX 98. RM shares last traded at GBX 98, with a volume of 11,520 shares traded.

RM Price Performance

The company has a current ratio of 1.04, a quick ratio of 0.38 and a debt-to-equity ratio of 248.73. The business’s fifty day moving average is GBX 101.57 and its 200 day moving average is GBX 99.42. The firm has a market capitalization of £84.05 million, a P/E ratio of -1.81, a P/E/G ratio of 0.40 and a beta of 1.66.

Insider Activity at RM

In other news, insider Mark Cook sold 19,952 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of GBX 100, for a total transaction of £19,952. Company insiders own 20.14% of the company’s stock.

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.