Robert Walters (LON:RWA) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Robert Walters plc (LON:RWA – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 107.85 and traded as low as GBX 80. Robert Walters shares last traded at GBX 83.20, with a volume of 17,368 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 100 target price on shares of Robert Walters in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 100.

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Robert Walters Price Performance

The stock has a market capitalization of £55.91 million, a P/E ratio of -2.09, a PEG ratio of 0.08 and a beta of 0.78. 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 stock’s fifty day moving average is GBX 89.82 and its two-hundred day moving average is GBX 107.26.

Insider Transactions at Robert Walters

In related news, insider Toby Fowlston purchased 9,930 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The stock was acquired at an average price of GBX 99 per share, for a total transaction of £9,830.70. Also, insider Leslie Van de Walle purchased 30,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average price of GBX 94 per share, with a total value of £28,200. Insiders purchased a total of 91,669 shares of company stock valued at $8,683,058 in the last three months. 3.90% of the stock is currently owned by corporate insiders.

Robert Walters Company Profile

(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.

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