Robert Walters (LON:RWA) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Robert Walters plc (LON:RWA) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 103.73 and traded as low as GBX 83.60. Robert Walters shares last traded at GBX 84.20, with a volume of 510,694 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 100 price target on shares of Robert Walters in a research note on Thursday, April 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 100.

Robert Walters Stock Performance

The company has a market cap of £55.39 million, a P/E ratio of -2.07, a price-to-earnings-growth ratio of 0.08 and a beta of 0.80. The business has a 50 day moving average price of GBX 87.13 and a two-hundred day moving average price of GBX 103.73. The company has a debt-to-equity ratio of 89.82, a quick ratio of 1.52 and a current ratio of 1.28.

Insider Buying and Selling at Robert Walters

In other news, insider Andrew Rashbass bought 21,739 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of GBX 92 per share, for a total transaction of £19,999.88. Also, insider Leslie Van de Walle bought 30,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of GBX 94 per share, for a total transaction of £28,200. Over the last 90 days, insiders purchased 91,669 shares of company stock worth $8,683,058. 3.90% of the stock is currently owned by insiders.

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.