Robert Walters (LON:RWA) Trading Up 9.8% – Should You Buy?

Robert Walters plc (LON:RWAGet Free Report)’s share price rose 9.8% during trading on Monday . The company traded as high as GBX 140.50 and last traded at GBX 140.50. Approximately 252,307 shares changed hands during mid-day trading, an increase of 81% from the average session volume of 139,440 shares. The stock had previously closed at GBX 128.

Analysts Set New Price Targets

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

Read Our Latest Report on RWA

Robert Walters Stock Up 9.8%

The stock has a market capitalization of £92.42 million, a P/E ratio of -3.75, a P/E/G ratio of 0.08 and a beta of 0.80. The company has a debt-to-equity ratio of 82.10, a quick ratio of 1.52 and a current ratio of 1.25. The company’s 50-day moving average price is GBX 96.43 and its 200 day moving average price is GBX 100.39.

Robert Walters (LON:RWAGet Free Report) last posted its quarterly earnings results 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%. As a group, equities analysts expect that Robert Walters plc will post 61.5448447 earnings per share for the current year.

Insider Buying and Selling

In other Robert Walters news, insider Andrew Rashbass purchased 21,739 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average cost of GBX 92 per share, with a total value of £19,999.88. Corporate insiders own 3.90% of the company’s stock.

About Robert Walters

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Robert Walters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Walters and related companies with MarketBeat.com's FREE daily email newsletter.