Robert Walters (LON:RWA) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Robert Walters plc (LON:RWAGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 100.38 and traded as high as GBX 127. Robert Walters shares last traded at GBX 127, with a volume of 127,867 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 100 target price on shares of Robert Walters in a report on Thursday, April 16th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 100.

Read Our Latest Stock Report on Robert Walters

Robert Walters Price Performance

The stock has a fifty day simple moving average of GBX 96.43 and a 200-day simple moving average of GBX 100.57. The company has a market capitalization of £84.20 million, a PE ratio of -3.41, a P/E/G ratio of 0.08 and a beta of 0.80. The company has a current ratio of 1.25, a quick ratio of 1.52 and a debt-to-equity ratio of 82.10.

Robert Walters (LON:RWAGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported GBX (13.80) EPS for the quarter. Robert Walters had a negative net margin of 3.04% and a negative return on equity of 25.40%. Equities analysts anticipate that Robert Walters plc will post 61.5448447 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Andrew Rashbass acquired 21,739 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of GBX 92 per share, with a total value of £19,999.88. 3.90% of the stock is owned by corporate insiders.

About Robert Walters

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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.

We deliver three core services:

• Specialist recruitment – encompassing permanent and temporary recruitment, executive search and interim management.
• Recruitment outsourcing – enabling organisations to transfer all, or part of, their recruitment needs to us either through recruitment process outsourcing (RPO) or contingent workforce solutions (CWS).
• Talent Advisory – supporting the growth of organisations through market intelligence, talent development, and future of work consultancy.

Our employees are passionate about powering people and organisations to fulfil their unique potential.

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