Robert Walters (LON:RWA) Stock Price Up 11.2% – What’s Next?

Robert Walters plc (LON:RWA) was up 11.2% on Tuesday . The company traded as high as GBX 133 and last traded at GBX 129. Approximately 139,246 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 171,163 shares. The stock had previously closed at GBX 116.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on Robert Walters from GBX 350 to GBX 280 and set a “buy” rating for the company in a research note on Thursday, July 31st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 280.

Robert Walters Price Performance

The stock has a market capitalization of £83.21 million, a PE ratio of -5.65, a price-to-earnings-growth ratio of 0.08 and a beta of 1.22. The business’s 50-day moving average price is GBX 134.35 and its 200 day moving average price is GBX 160.90. The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.52 and a current ratio of 1.47.

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.