Robert Walters (LON:RWA) Stock Price Breaks Above Fifty Day Moving Average – Should You Sell?

Robert Walters plc (LON:RWA)’s share price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 132.31 and traded as high as GBX 132.50. Robert Walters shares last traded at GBX 132.50, with a volume of 80,817 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 160 price target on shares of Robert Walters in a research note on Thursday, October 15th. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 160.

Robert Walters Price Performance

The stock’s 50-day moving average is GBX 132.31 and its 200 day moving average is GBX 111.34. 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 stock has a market capitalization of £80.91 million, a PE ratio of -3.28, a P/E/G ratio of 0.08 and a beta of 0.86.

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.

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.