RWS (LON:RWS) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

RWS Holdings plc (LON:RWS)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 79.40 and traded as high as GBX 86.40. RWS shares last traded at GBX 83.70, with a volume of 2,377,147 shares.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Shore Capital reiterated a “hold” rating on shares of RWS in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of RWS from GBX 195 to GBX 175 and set a “buy” rating for the company in a research note on Tuesday, October 28th. Finally, Berenberg Bank reduced their price objective on shares of RWS from GBX 240 to GBX 210 and set a “buy” rating on the stock in a research note on Monday, October 27th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 192.50.

RWS Price Performance

The company has a current ratio of 1.76, a quick ratio of 1.43 and a debt-to-equity ratio of 11.29. The business’s 50-day simple moving average is GBX 79.40 and its two-hundred day simple moving average is GBX 85.01. The firm has a market cap of £319.84 million, a price-to-earnings ratio of 12.91, a P/E/G ratio of 1.43 and a beta of 0.76.

RWS (LON:RWS) last posted its quarterly earnings data on Thursday, December 11th. The company reported GBX 12.10 EPS for the quarter. RWS had a negative net margin of 5.22% and a negative return on equity of 4.15%. As a group, research analysts expect that RWS Holdings plc will post 10.6469761 EPS for the current fiscal year.

RWS Company Profile

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.