Rightmove (RMV) Hits New 12-Month High at $573.10
Shares of Rightmove Plc (LON:RMV) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 573.10 ($7.49) and last traded at GBX 573.10 ($7.49), with a volume of 1946407 shares traded. The stock had previously closed at GBX 561.10 ($7.33).
RMV has been the subject of several research analyst reports. Shore Capital reissued a “hold” rating on shares of Rightmove in a report on Friday, February 22nd. Liberum Capital reaffirmed a “hold” rating on shares of Rightmove in a report on Monday, March 25th. Deutsche Bank reaffirmed a “buy” rating on shares of Rightmove in a report on Thursday, February 7th. UBS Group restated a “buy” rating on shares of Rightmove in a research report on Wednesday, February 20th. Finally, Peel Hunt restated a “reduce” rating on shares of Rightmove in a research report on Wednesday, February 13th. Six analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 4,727.13 ($61.77).
The company has a current ratio of 1.10, a quick ratio of 0.96 and a debt-to-equity ratio of 103.77. The company has a market cap of $5.07 billion and a PE ratio of 32.38.
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About Rightmove (LON:RMV)
Rightmove plc operates property portal in the United Kingdom. The company operates through Agency, New Homes, and Other segments. The Agency segment offers resale and lettings property advertising services on its platforms. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.
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