RM plc (LON:RM) insider Andy Blundell purchased 5,000 shares of RM plc stock in a transaction dated Monday, July 24th. The stock was acquired at an average price of GBX 173 ($2.28) per share, for a total transaction of £8,650 ($11,410.10).

Shares of RM plc (LON:RM) opened at 173.00 on Monday. RM plc has a 12 month low of GBX 120.00 and a 12 month high of GBX 196.00. The company has a 50-day moving average of GBX 172.99 and a 200 day moving average of GBX 172.47. The company’s market capitalization is GBX 140.69 million.

The company also recently announced a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, August 10th will be paid a GBX 1.65 ($0.02) dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.93%.

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Several analysts recently weighed in on the stock. FinnCap reiterated a “buy” rating and issued a GBX 207 ($2.73) price objective on shares of RM plc in a research report on Wednesday, July 5th. Peel Hunt reiterated a “buy” rating and issued a GBX 199 ($2.62) price objective on shares of RM plc in a research report on Tuesday, July 4th. Finally, Numis Securities Ltd downgraded shares of RM plc to an “add” rating and set a GBX 200 ($2.64) price objective on the stock. in a research report on Friday, April 28th.

About RM plc

RM plc is engaged in supplying products, services and solutions to the United Kingdom and international education markets. The Company operates in three segments: RM Resources, RM Results and RM Education. The RM Resources segment consists of TTS Group Limited (TTS), which provides resources used in schools mainly through a direct marketing business model with goods supplied from centralized distribution centers.

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