Robert Walters (LON:RWA) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Robert Walters plc (LON:RWAGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 111.87 and traded as low as GBX 85.40. Robert Walters shares last traded at GBX 85.40, with a volume of 173,356 shares trading hands.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on Robert Walters

Robert Walters Price Performance

The company has a debt-to-equity ratio of 89.82, a current ratio of 1.28 and a quick ratio of 1.52. The firm’s 50 day moving average is GBX 90.25 and its 200 day moving average is GBX 111.87. The firm has a market cap of £56.18 million, a P/E ratio of -2.10, a price-to-earnings-growth ratio of 0.08 and a beta of 0.80.

Robert Walters (LON:RWAGet Free Report) last posted its quarterly earnings data on Wednesday, March 11th. The company reported GBX (40.70) EPS for the quarter. Robert Walters had a negative return on equity of 24.67% and a negative net margin of 3.43%. As a group, analysts anticipate 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 Leslie Van de Walle acquired 30,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average price of GBX 94 per share, with a total value of £28,200. Also, insider Andrew Rashbass acquired 21,739 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average cost of GBX 92 per share, for a total transaction of £19,999.88. Insiders have acquired 91,669 shares of company stock valued at $8,683,058 over the last quarter. Corporate insiders own 3.90% of the company’s stock.

Robert Walters Company Profile

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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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