Robert Walters (LON:RWA) Reaches New 1-Year Low – Time to Sell?

Shares of Robert Walters plc (LON:RWA) hit a new 52-week low during trading on Friday . The company traded as low as GBX 116 and last traded at GBX 116, with a volume of 64182 shares traded. The stock had previously closed at GBX 126.50.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on Robert Walters from GBX 350 to GBX 280 and set a “buy” rating for the company in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 280.

Robert Walters Trading Down 8.3%

The firm has a market capitalization of £76.30 million, a price-to-earnings ratio of -5.18, a P/E/G ratio of 0.08 and a beta of 1.22. The business has a 50-day moving average of GBX 135.33 and a two-hundred day moving average of GBX 164.08. The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 64.28.

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.