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

Robert Walters plc (LON:RWA) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 136.93 and traded as low as GBX 125. Robert Walters shares last traded at GBX 125.50, with a volume of 76,711 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft cut their target price on Robert Walters from GBX 250 to GBX 230 and set a “buy” rating on the stock in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 230.

Robert Walters Stock Down 0.4%

The stock has a fifty day moving average of GBX 132.96 and a 200 day moving average of GBX 136.93. 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 firm has a market capitalization of £82.55 million, a P/E ratio of -5.60, 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.