Rightmove plc (LON:RMV - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 579.15 ($7.30) and traded as high as GBX 610.20 ($7.69). Rightmove shares last traded at GBX 603.80 ($7.61), with a volume of 1,778,576 shares.
A number of research analysts have commented on RMV shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 775 ($9.77) price objective on shares of Rightmove in a report on Friday, November 8th. Shore Capital restated a "buy" rating on shares of Rightmove in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of GBX 644.33 ($8.12).
Get Our Latest Stock Analysis on RMV
The stock has a 50-day moving average of GBX 637.11 and a 200 day moving average of GBX 579.15. The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55. The company has a market cap of £4.75 billion, a P/E ratio of 2,415.20, a PEG ratio of 2.58 and a beta of 1.05.
Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.
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