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Rightmove plc (RMV.L)
| Previous close | 589.60 |
| Open | 589.60 |
| Bid | 596.60 x 0 |
| Ask | 597.20 x 0 |
| Day's range | 589.20 - 601.00 |
| 52-week range | 373.10 - 690.00 |
| Volume | 3,118,188 |
| Avg. volume | 2,252,716 |
| Market cap | 5.211B |
| Beta (5Y monthly) | 0.67 |
| PE ratio (TTM) | 47.37 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.04 (0.76%) |
| Ex-dividend date | 29 Apr 2021 |
| 1y target est | N/A |
- PA Media: Money
Rightmove sees ‘optimistic start to 2021’ after sales and profits fall
The online property portal saw shares dip after it posted a 29% decline in revenues to £205.7 million.
- Yahoo Finance UK
Rightmove predicts strong UK housing activity despite drop in revenue
Revenues at the UK's biggest property portal slumped by 29% last year to £205.7m compared with £289.3m in the same time in 2019.
- Reuters
Rightmove sounds upbeat note on UK housing market
Britain's housing market rebounded midway through last year after an initial coronavirus shock, as buyers took advantage of low interest rates and a temporary tax break, while appetite for bigger homes suitable for remote working also drove demand. "In the absence of further economic shocks, we think it is likely that the current shortage of new listings will correct once the immediate lockdown is lifted and will have no lasting impact on estate agency branch numbers," it said. Rightmove's shares were down 0.9% in early trade in a broader market which was about 1% lower.
