RWS (LON:RWS) Share Price Passes Below 200 Day Moving Average – Here’s Why

RWS Holdings plc (LON:RWS) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 85.40 and traded as low as GBX 72.70. RWS shares last traded at GBX 74.80, with a volume of 3,035,054 shares traded.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Shore Capital reiterated a “hold” rating on shares of RWS in a research report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft dropped their price target on RWS from GBX 195 to GBX 175 and set a “buy” rating for the company in a research report on Tuesday, October 28th. Finally, Berenberg Bank decreased their price objective on RWS from GBX 240 to GBX 210 and set a “buy” rating on the stock in a research report on Monday, October 27th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 192.50.

RWS Stock Down 0.6%

The stock has a market cap of £262.19 million, a P/E ratio of 10.58, a price-to-earnings-growth ratio of 1.43 and a beta of 0.76. The company’s fifty day moving average price is GBX 84.91 and its 200-day moving average price is GBX 85.29. The company has a debt-to-equity ratio of 11.29, a quick ratio of 1.43 and a current ratio of 1.76.

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.