Robert Walters (LON:RWA) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Robert Walters plc (LON:RWA) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 111.87 and traded as low as GBX 85.40. Robert Walters shares last traded at GBX 85.40, with a volume of 173,356 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 100 price target on shares of Robert Walters in a research note on Thursday, April 16th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 100.

Robert Walters Trading Down 1.2%

The stock has a market capitalization of £55.91 million, a P/E ratio of -2.09, a P/E/G ratio of 0.08 and a beta of 0.80. The firm’s 50 day simple moving average is GBX 90.31 and its two-hundred day simple moving average is GBX 111.26. The company has a quick ratio of 1.52, a current ratio of 1.28 and a debt-to-equity ratio of 89.82.

Robert Walters (LON:RWA) last issued its earnings results on Wednesday, March 11th. The company reported GBX (40.70) EPS for the quarter. Robert Walters had a negative net margin of 3.43% and a negative return on equity of 24.67%. As a group, analysts forecast that Robert Walters plc will post 61.5448447 earnings per share for the current fiscal year.

Insider Activity

In other Robert Walters news, insider Toby Fowlston acquired 9,930 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were purchased at an average cost of GBX 99 per share, with a total value of £9,830.70. Also, insider Andrew Rashbass acquired 21,739 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of GBX 92 per share, for a total transaction of £19,999.88. Insiders bought a total of 91,669 shares of company stock worth $8,683,058 over the last quarter. 3.90% of the stock is currently owned by corporate insiders.

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.

We deliver three core services:

• Specialist recruitment – encompassing permanent and temporary recruitment, executive search and interim management.
• Recruitment outsourcing – enabling organisations to transfer all, or part of, their recruitment needs to us either through recruitment process outsourcing (RPO) or contingent workforce solutions (CWS).
• Talent Advisory – supporting the growth of organisations through market intelligence, talent development, and future of work consultancy.

Our employees are passionate about powering people and organisations to fulfil their unique potential.