OnTheMarket's share price has dipped

February 25, 2020

OnTheMarket's share price has dropped by over five percent, recently—its equal lowest-ever level yet.

The portal most recently closed at 65.26 after a fall of 5.43 percent.

Earlier this month— precisely two years after the OnTheMarket was admitted to the AIM market on the London Stock Exchange— its share price was as high as 82.0 but since that time it has fallen, accelerating in recent days.

Its shares were first issued at 165p in February 2018.

Share prices have generally suffered in recent days as concerns about the coronavirus have damaged transport companies and those firms with Chinese connections in particular; however, UK agency and property-related share prices have seen only modest falls.

Rightmove's share price dropped by less than one percent; agency shares generally dropped too, but by a smaller proportion than OnTheMarket.

Read more here

February 25, 2020

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