Robert Walters (LON:RWA) Trading 11.2% Higher – Should You Buy?

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

Wall Street Analysts Forecast Growth

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

Robert Walters Stock Up 11.2%

The company’s fifty day simple moving average is GBX 134.20 and its 200 day simple moving average is GBX 161.06. The company has a current ratio of 1.47, a quick ratio of 1.52 and a debt-to-equity ratio of 64.28. The firm has a market capitalization of £84.85 million, a P/E ratio of -5.76, a price-to-earnings-growth 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.