Robert Walters (LON:RWA) Shares Cross Below 200-Day Moving Average – Time to Sell?

Robert Walters plc (LON:RWA) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 128.82 and traded as low as GBX 76.77. Robert Walters shares last traded at GBX 80, with a volume of 667,160 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Robert Walters from GBX 230 to GBX 200 and set a “buy” rating on the stock in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 200.

Robert Walters Trading Down 0.7%

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 company has a market capitalization of £54.59 million, a price-to-earnings ratio of -3.71, a P/E/G ratio of 0.08 and a beta of 0.53. The business’s 50-day moving average price is GBX 113.13 and its two-hundred day moving average price is GBX 127.98.

Robert Walters (LON:RWA) last issued its quarterly earnings results on Wednesday, March 11th. The company reported GBX (40.70) earnings per share (EPS) for the quarter. Robert Walters had a negative return on equity of 24.67% and a negative net margin of 3.43%. Research analysts predict that Robert Walters plc will post 61.5448447 earnings per share for the current year.

About Robert Walters

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.