RWS (LON:RWS) Stock Price Down 14.5% on Analyst Downgrade

RWS Holdings plc (LON:RWS) dropped 14.5% on Tuesday after Berenberg Bank lowered their price target on the stock from GBX 240 to GBX 210. Berenberg Bank currently has a buy rating on the stock. RWS traded as low as GBX 77.77 and last traded at GBX 80.41. Approximately 16,062,262 shares changed hands during trading, an increase of 583% from the average daily volume of 2,352,046 shares. The stock had previously closed at GBX 94.10.

Separately, Shore Capital reissued a “hold” rating on shares of RWS in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, RWS currently has an average rating of “Moderate Buy” and a consensus target price of GBX 210.

RWS Trading Down 14.5%

The company has a quick ratio of 1.43, a current ratio of 1.76 and a debt-to-equity ratio of 11.29. The business’s fifty day moving average is GBX 89.53 and its 200 day moving average is GBX 87.34. The firm has a market capitalization of £297.37 million, a price-to-earnings ratio of 12.00, a price-to-earnings-growth ratio of 1.43 and a beta of 0.76.

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.