Robert Walters (LON:RWA) Shares Cross Below 200 Day Moving Average – What’s Next?

Robert Walters plc (LON:RWA)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 122.48 and traded as low as GBX 97.60. Robert Walters shares last traded at GBX 97.60, with a volume of 55,796 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 100 price objective on shares of Robert Walters in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Robert Walters currently has an average rating of “Hold” and a consensus price target of GBX 100.

Robert Walters Price Performance

The company has a market cap of £64.20 million, a PE ratio of -2.40, a P/E/G ratio of 0.08 and a beta of 0.75. The company has a 50-day moving average price of GBX 99.59 and a two-hundred day moving average price of GBX 122.48. The company has a debt-to-equity ratio of 89.82, a current ratio of 1.28 and a quick ratio of 1.52.

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

About Robert Walters

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.