Robert Walters (LON:RWA) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Robert Walters plc (LON:RWA)’s share price 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 traded.

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 report on Thursday, April 16th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 100.

Robert Walters Stock Performance

The stock has a market capitalization of £56.18 million, a P/E ratio of -2.10, a price-to-earnings-growth ratio of 0.08 and a beta of 0.80. The stock has a 50-day moving average price of GBX 90.25 and a two-hundred day moving average price of GBX 111.87. The company has a debt-to-equity ratio of 89.82, a quick ratio of 1.52 and a current ratio of 1.28.

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

Insider Activity at Robert Walters

In related news, insider Andrew Rashbass purchased 21,739 shares of Robert Walters stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of GBX 92 per share, for a total transaction of £19,999.88. Also, insider Leslie Van de Walle purchased 30,000 shares of Robert Walters stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of GBX 94 per share, for a total transaction of £28,200. Insiders have purchased 91,669 shares of company stock worth $8,683,058 over the last 90 days. 3.90% of the stock is owned by company insiders.

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.