RWS (LON:RWS) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

RWS Holdings plc (LON:RWS) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 89.05 ($1.19) and traded as low as GBX 87.34 ($1.16). RWS shares last traded at GBX 89.90 ($1.20), with a volume of 35,638,152 shares.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on RWS shares. Berenberg Bank reissued a “buy” rating and set a GBX 240 price target on shares of RWS in a report on Wednesday, September 3rd. Shore Capital reiterated a “hold” rating on shares of RWS in a research report on Thursday, July 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 240.

RWS Price Performance

The stock has a market capitalization of £328.76 million, a price-to-earnings ratio of 1,326.87, a P/E/G ratio of 1.43 and a beta of 0.76. The company has a debt-to-equity ratio of 11.29, a quick ratio of 1.43 and a current ratio of 1.76. The company has a 50-day moving average of GBX 88.31 and a 200-day moving average of GBX 89.05.

About RWS

RWS is a content solutions company, powered by technology and human expertise. We grow the value of ideas, data and content by making sure organizations are understood. Everywhere.

Our proprietary technology, 45+ AI patents and human experts help organizations bring ideas to market faster, build deeper relationships across borders and cultures, and enter new markets with confidence – growing their business and connecting them to a world of opportunities.

It’s why over 80 of the world’s top 100 brands trust RWS to drive innovation, inform decisions and shape brand experiences.

With 60+ global locations, across five continents, our teams work with businesses across almost all industries.