Robert Walters (LON:RWA) Stock Price Up 11.2% – Here’s Why

Shares of Robert Walters plc (LON:RWA) rose 11.2% during trading on Tuesday . The stock traded as high as GBX 133 and last traded at GBX 129. Approximately 139,246 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 171,163 shares. The stock had previously closed at GBX 116.

Analyst Ratings Changes

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

Robert Walters Stock Performance

The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 64.28. The company has a fifty day moving average price of GBX 134.32 and a 200 day moving average price of GBX 161.80. The stock has a market cap of £84.85 million, a PE ratio of -5.76, a P/E/G ratio of 0.08 and a beta of 1.22.

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.