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

Posted by MarketBeat News on Mar 28th, 2025

Rightmove plc (LON:RMV – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 651.74 ($8.44) and traded as high as GBX 688 ($8.91). Rightmove shares last traded at GBX 687.80 ($8.90), with a volume of 166,164,453 shares traded.

Wall Street Analysts Forecast Growth

RMV has been the subject of a number of recent research reports. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Rightmove in a research report on Wednesday, March 12th. Royal Bank of Canada boosted their price target on Rightmove from GBX 630 ($8.16) to GBX 750 ($9.71) and gave the company a “sector perform” rating in a report on Monday, March 3rd.

Check Out Our Latest Stock Analysis on RMV

Rightmove Trading Up 0.1 %

Want More Great Investing Ideas?

The stock’s 50-day simple moving average is GBX 669.06 and its two-hundred day simple moving average is GBX 651.74. 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 firm has a market capitalization of £5.36 billion, a P/E ratio of 27.59, a price-to-earnings-growth 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 for the quarter. Rightmove had a net margin of 52.69% and a return on equity of 293.54%. Equities research analysts expect that Rightmove plc will post 30.2327791 EPS for the current year.

Rightmove Increases Dividend

The firm also recently announced 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 dividend yield of 0.9%. This is a boost from Rightmove’s previous dividend of $3.70. Rightmove’s dividend payout ratio (DPR) 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.