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

Robert Walters plc (LON:RWA)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 143.41 and traded as low as GBX 137.50. Robert Walters shares last traded at GBX 139.50, with a volume of 195,565 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Robert Walters from GBX 280 to GBX 250 and set a “buy” rating on the stock in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat, Robert Walters has a consensus rating of “Buy” and an average price target of GBX 250.

Robert Walters Price Performance

The company has a debt-to-equity ratio of 64.28, a current ratio of 1.47 and a quick ratio of 1.52. The stock has a 50 day simple moving average of GBX 135.46 and a two-hundred day simple moving average of GBX 143.41. The company has a market cap of £94.06 million, a price-to-earnings ratio of -6.38, a price-to-earnings-growth ratio of 0.08 and a beta of 1.22.

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.