RWS (LON:RWS) Stock Passes Below 200-Day Moving Average of $265.09

RWS Holdings plc (LON:RWS)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 265.09 ($3.32) and traded as low as GBX 233.60 ($2.92). RWS shares last traded at GBX 244.20 ($3.06), with a volume of 1,247,813 shares.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on RWS shares. Shore Capital reissued a “buy” rating on shares of RWS in a report on Thursday, June 8th. Berenberg Bank reissued a “buy” rating and set a GBX 470 ($5.88) target price on shares of RWS in a report on Thursday, June 8th. Canaccord Genuity Group cut their price objective on shares of RWS from GBX 265 ($3.32) to GBX 260 ($3.25) and set a “hold” rating for the company in a report on Monday, June 12th. Finally, Canaccord Genuity Group cut their price objective on shares of RWS from GBX 265 ($3.32) to GBX 260 ($3.25) and set a “hold” rating for the company in a report on Monday, June 12th.

RWS Stock Up 0.6 %

The company has a debt-to-equity ratio of 5.36, a current ratio of 1.52 and a quick ratio of 1.43. The business’s fifty day simple moving average is GBX 245.47 and its two-hundred day simple moving average is GBX 265.09. The company has a market cap of £942.64 million, a PE ratio of 1,628.00, a PEG ratio of 1.43 and a beta of 0.67.

About RWS

RWS Holdings plc provides technology-enabled language, content management, and intellectual property (IP) services. It operates through four segments: Language Services, Regulated Industries, IP Services, and Language and Content Technology. The Language Services segment provides language services and helps clients to create, translate, and deliver content in approximately 250 languages.