Shares of Rightmove plc (OTCMKTS:RTMVY) have been given a consensus rating of “Hold” by the eleven research firms that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company.
A number of research firms have commented on RTMVY. UBS Group upgraded shares of Rightmove from a “neutral” rating to a “buy” rating in a report on Monday, March 22nd. Morgan Stanley restated an “equal weight” rating on shares of Rightmove in a report on Tuesday, March 2nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Rightmove in a research report on Wednesday, March 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Rightmove in a research report on Wednesday, February 24th. Finally, Barclays reissued an “underweight” rating on shares of Rightmove in a research report on Friday, January 29th.
Shares of OTCMKTS RTMVY traded up $0.68 during midday trading on Thursday, hitting $16.93. The stock had a trading volume of 17,970 shares, compared to its average volume of 45,319. The stock has a 50 day simple moving average of $16.83 and a 200-day simple moving average of $16.97. Rightmove has a 1 year low of $12.72 and a 1 year high of $18.35.
The firm also recently declared a dividend, which will be paid on Monday, June 14th. Stockholders of record on Friday, April 30th will be issued a $0.1241 dividend. The ex-dividend date is Thursday, April 29th. This represents a dividend yield of 0.73%.
Rightmove Company Profile
Rightmove plc, together with its subsidiaries, operates property portals in the United Kingdom. It operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.
Read More: Why does the United States have a lingering trade deficit?