Robert Walters (LON:RWA) Trading 11.2% Higher – Here’s What Happened

Robert Walters plc (LON:RWA) shares were up 11.2% during trading on Tuesday . The company traded as high as GBX 133 and last traded at GBX 129. Approximately 139,246 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 171,163 shares. The stock had previously closed at GBX 116.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Robert Walters from GBX 350 to GBX 280 and set a “buy” rating on the stock in a research report on Thursday, July 31st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 280.

Robert Walters Trading Up 11.2%

The stock’s fifty day simple moving average is GBX 134.20 and its two-hundred day simple moving average is GBX 161.06. The firm has a market cap of £84.85 million, a PE ratio of -5.76, a PEG ratio of 0.08 and a beta of 1.22. The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 64.28.

About Robert Walters

Established in 1985, Robert Walters is a global talent solutions business operating in 31 countries across the globe. We support organisations to build high-performing teams, and help professionals to grow meaningful careers. Our client base ranges from the world’s leading blue-chip corporates through to SMEs and start-ups.