Robert Walters (LON:RWA) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of Robert Walters plc (LON:RWA) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 136.40 and traded as high as GBX 143.50. Robert Walters shares last traded at GBX 143.50, with a volume of 69,595 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Robert Walters from GBX 280 to GBX 250 and set a “buy” rating for the company in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Robert Walters currently has a consensus rating of “Buy” and a consensus price target of GBX 250.

Robert Walters Price Performance

The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.52 and a current ratio of 1.47. The company has a 50-day moving average of GBX 136.40 and a 200-day moving average of GBX 145.33. The stock has a market capitalization of £93.07 million, a price-to-earnings ratio of -6.32, a P/E/G ratio of 0.08 and a beta of 1.22.

Robert Walters Company Profile

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.