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

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 105.55 and traded as low as GBX 82. Robert Walters shares last traded at GBX 82.60, with a volume of 5,780 shares.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 100 price objective on shares of Robert Walters in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 100.

Robert Walters Price Performance

The stock has a fifty day moving average of GBX 88.52 and a two-hundred day moving average of GBX 105.55. The stock has a market cap of £54.33 million, a price-to-earnings ratio of -2.03, a price-to-earnings-growth ratio of 0.08 and a beta of 0.78. The company has a quick ratio of 1.52, a current ratio of 1.28 and a debt-to-equity ratio of 89.82.

Insider Buying and Selling at Robert Walters

In related news, insider Leslie Van de Walle purchased 30,000 shares of the stock in a transaction dated Friday, May 1st. The shares were acquired at an average cost of GBX 94 per share, with a total value of £28,200. Also, insider Andrew Rashbass purchased 21,739 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was bought at an average price of GBX 92 per share, with a total value of £19,999.88. Over the last quarter, insiders acquired 91,669 shares of company stock valued at $8,683,058. 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.