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

Posted by Jared Coughlin on Mar 21st, 2025

Rightmove plc (LON:RMV – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 646.68 ($8.35) and traded as high as GBX 681.60 ($8.80). Rightmove shares last traded at GBX 676.20 ($8.73), with a volume of 1,379,432 shares.

Analysts Set New Price Targets

RMV has been the subject of a number of research analyst reports. Royal Bank of Canada lifted their target price on Rightmove from GBX 630 ($8.13) to GBX 750 ($9.68) and gave the company a “sector perform” rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Rightmove in a research note on Wednesday, March 12th.

Get Our Latest Report on RMV

Rightmove Price Performance

The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83. The firm has a market capitalization of £5.34 billion, a PE ratio of 27.47, a P/E/G ratio of 2.58 and a beta of 1.05. The stock has a fifty day moving average price of GBX 663.62 and a 200-day moving average price of GBX 646.98.

Rightmove (LON:RMV – Get Free Report) last released its quarterly earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) EPS for the quarter. Rightmove had a net margin of 52.69% and a return on equity of 293.54%. Sell-side analysts forecast that Rightmove plc will post 30.2327791 EPS for the current fiscal year.

Rightmove Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be issued a GBX 6.10 ($0.08) dividend. This is a positive change from Rightmove’s previous dividend of $3.70. This represents a yield of 0.9%. The ex-dividend date is Thursday, April 24th. 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.