Robert Walters (LON:RWA) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Robert Walters plc (LON:RWA) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 136.93 and traded as low as GBX 125. Robert Walters shares last traded at GBX 125.50, with a volume of 76,711 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Robert Walters from GBX 250 to GBX 230 and set a “buy” rating on the stock in a report on Thursday, January 15th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Robert Walters presently has a consensus rating of “Buy” and an average target price of GBX 230.

Robert Walters Price Performance

The business has a fifty day moving average of GBX 132.96 and a 200-day moving average of GBX 136.93. 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 firm has a market cap of £82.55 million, a PE ratio of -5.60, a PEG ratio of 0.08 and a beta of 1.22.

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.