Robert Walters (LON:RWA) Stock Passes Below 200-Day Moving Average – What’s Next?

Robert Walters plc (LON:RWA)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 105.55 and traded as low as GBX 82. Robert Walters shares last traded at GBX 82.60, with a volume of 5,780 shares traded.

Wall Street Analyst Weigh In

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

Robert Walters Stock Up 2.9%

The stock has a fifty day moving average of GBX 88.25 and a 200 day moving average of GBX 105.41. 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 has a market capitalization of £55.91 million, a P/E ratio of -2.09, a price-to-earnings-growth ratio of 0.08 and a beta of 0.78.

Insider Transactions at Robert Walters

In related news, insider Leslie Van de Walle purchased 30,000 shares of Robert Walters stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average price of GBX 94 per share, for a total transaction of £28,200. Also, insider Andrew Rashbass purchased 21,739 shares of Robert Walters stock in a transaction that occurred 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. Insiders have acquired 91,669 shares of company stock worth $8,683,058 in the last ninety days. Company insiders own 3.90% of the company’s stock.

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.