Robert Walters (LON:RWA) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Robert Walters plc (LON:RWA) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 152.34 and traded as low as GBX 128.40. Robert Walters shares last traded at GBX 131, with a volume of 119,905 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Robert Walters from GBX 280 to GBX 250 and set a “buy” rating for the company in a report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 250.

Robert Walters Stock Up 1.8%

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 stock has a market cap of £87.71 million, a P/E ratio of -5.95, a PEG ratio of 0.08 and a beta of 1.22. The firm has a 50-day simple moving average of GBX 137.79 and a two-hundred day simple moving average of GBX 152.34.

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.