RWS (LON:RWS) Shares Pass Above 50-Day Moving Average – What’s Next?

RWS Holdings plc (LON:RWS)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 79.40 and traded as high as GBX 86.40. RWS shares last traded at GBX 83.70, with a volume of 2,377,147 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have weighed in on RWS shares. Berenberg Bank lowered their target price on RWS from GBX 240 to GBX 210 and set a “buy” rating for the company in a report on Monday, October 27th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of RWS from GBX 195 to GBX 175 and set a “buy” rating for the company in a research note on Tuesday, October 28th. Finally, Shore Capital reissued a “hold” rating on shares of RWS in a research note on Tuesday, October 28th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, RWS currently has a consensus rating of “Moderate Buy” and an average price target of GBX 192.50.

RWS Stock Up 0.2%

The stock has a market cap of £319.84 million, a price-to-earnings ratio of 12.91, a PEG ratio of 1.43 and a beta of 0.76. The stock has a 50 day simple moving average of GBX 79.40 and a 200 day simple moving average of GBX 85.01. The company has a quick ratio of 1.43, a current ratio of 1.76 and a debt-to-equity ratio of 11.29.

RWS (LON:RWS) last issued its earnings results on Thursday, December 11th. The company reported GBX 12.10 earnings per share for the quarter. RWS had a negative return on equity of 4.15% and a negative net margin of 5.22%. As a group, analysts expect that RWS Holdings plc will post 10.6469761 earnings per share for the current fiscal year.

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.