Shore Capital Reaffirms “Buy” Rating for RWS (LON:RWS)

RWS (LON:RWS)‘s stock had its “buy” rating restated by research analysts at Shore Capital in a report issued on Thursday, Marketbeat reports.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 330 ($4.21) price objective on shares of RWS in a report on Thursday.

RWS Trading Up 8.2 %

Shares of RWS stock traded up GBX 13.20 ($0.17) on Thursday, reaching GBX 173.20 ($2.21). The company had a trading volume of 808,352 shares, compared to its average volume of 1,122,128. The firm has a market cap of £638.57 million, a price-to-earnings ratio of -1,924.44, a P/E/G ratio of 1.43 and a beta of 0.76. The company has a debt-to-equity ratio of 14.66, a current ratio of 1.54 and a quick ratio of 1.43. The firm’s 50-day moving average price is GBX 150.49 and its two-hundred day moving average price is GBX 168.87. RWS has a 1 year low of GBX 129.80 ($1.66) and a 1 year high of GBX 261 ($3.33).

Insiders Place Their Bets

In related news, insider Ian El Mokadem purchased 5,000 shares of RWS stock in a transaction dated Thursday, October 31st. The stock was purchased at an average cost of GBX 149 ($1.90) per share, with a total value of £7,450 ($9,503.76). Company insiders own 46.21% of the company’s stock.

About RWS

RWS Holdings plc provides technology-enabled language, content, and intellectual property (IP) services. It operates through four segments: Language Services, Regulated Industries, IP Services, and Language and Content Technology. The Language Services segment provides localization services, which includes translation and adaptation of content across a variety of media and materials.