Robert Walters (LON:RWA) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Robert Walters plc (LON:RWA)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 126.17 and traded as low as GBX 87. Robert Walters shares last traded at GBX 87, with a volume of 49,160 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on Robert Walters from GBX 230 to GBX 200 and set a “buy” rating for the company in a research report on Thursday, March 12th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Robert Walters has a consensus rating of “Buy” and a consensus price target of GBX 200.

Robert Walters Trading Down 1.1%

The company’s fifty day simple moving average is GBX 109.73 and its two-hundred day simple moving average is GBX 126.17. The company has a market capitalization of £57.22 million, a price-to-earnings ratio of -3.88, a price-to-earnings-growth ratio of 0.08 and a beta of 0.53. The company has a quick ratio of 1.52, a current ratio of 1.28 and a debt-to-equity ratio of 89.82.

Robert Walters (LON:RWA) last announced its quarterly earnings results on Wednesday, March 11th. The company reported GBX (40.70) earnings per share (EPS) for the quarter. Robert Walters had a negative net margin of 3.43% and a negative return on equity of 24.67%. Research analysts forecast that Robert Walters plc will post 61.5448447 earnings per share for the current fiscal year.

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.