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

Robert Walters plc (LON:RWA) was 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 Upgrades and Downgrades

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

Robert Walters Stock Performance

The stock has a market capitalization of £83.21 million, a price-to-earnings ratio of -5.65, 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. The firm has a fifty day moving average of GBX 134.35 and a 200-day moving average of GBX 160.90.

Robert Walters Company Profile

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.