Rightmove (LON:RMV) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Posted by ABMN Staff on Apr 5th, 2025

Rightmove plc (LON:RMV – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 652.63 ($8.42) and traded as high as GBX 707.60 ($9.13). Rightmove shares last traded at GBX 660 ($8.51), with a volume of 145,734,438 shares traded.

Analysts Set New Price Targets

RMV has been the subject of several research analyst reports. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Rightmove in a report on Wednesday, March 12th. Royal Bank of Canada boosted their price target on Rightmove from GBX 630 ($8.13) to GBX 750 ($9.67) and gave the company a “sector perform” rating in a report on Monday, March 3rd.

Get Our Latest Analysis on RMV

Rightmove Stock Performance

The stock’s 50-day moving average price is GBX 673.59 and its 200-day moving average price is GBX 652.63. The company has a current ratio of 1.83, a quick ratio of 2.55 and a debt-to-equity ratio of 10.15. The company has a market capitalization of £5.14 billion, a P/E ratio of 26.47, a P/E/G ratio of 2.58 and a beta of 1.05.

Rightmove (LON:RMV – Get Free Report) last issued its earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) earnings per share (EPS) for the quarter. Rightmove had a net margin of 52.69% and a return on equity of 293.54%. As a group, equities analysts expect that Rightmove plc will post 30.2327791 EPS for the current year.

Rightmove Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be given a dividend of GBX 6.10 ($0.08) per share. The ex-dividend date is Thursday, April 24th. This represents a yield of 0.9%. This is a positive change from Rightmove’s previous dividend of $3.70. Rightmove’s payout ratio is currently 36.10%.

Rightmove Company Profile

(Get Free Report)

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.