Robert Walters (LON:RWA) Reaches New 52-Week Low - Time to Sell?

Key Points

• Robert Walters plc shares hit a new 52-week low, trading at GBX 127 ($1.70), with a significant volume of over 5 million shares exchanged.
• Deutsche Bank downgraded the company's price target from GBX 350 ($4.68) to GBX 280 ($3.74) while maintaining a "buy" rating.
• The company's earnings report revealed an earnings per share of GBX (17) (($0.23)) for the quarter, with an expected EPS of approximately 61.54 for the current fiscal year.

Shares of Robert Walters plc (LON:RWA - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 127 ($1.70) and last traded at GBX 129 ($1.72), with a volume of 5120382 shares traded. The stock had previously closed at GBX 130 ($1.74).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on Robert Walters from GBX 350 ($4.68) to GBX 280 ($3.74) and set a "buy" rating for the company in a report on Thursday, July 31st.

Robert Walters Stock Performance

The company has a market cap of £92.04 million, a P/E ratio of 14.88, a P/E/G ratio of 0.08 and a beta of 1.22. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.47 and a quick ratio of 1.52. The business has a 50-day moving average of GBX 183.57 and a two-hundred day moving average of GBX 224.87.

Robert Walters (LON:RWA - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported GBX (17) (($0.23)) earnings per share for the quarter. Robert Walters had a return on equity of 3.65% and a net margin of 0.58%. On average, sell-side analysts predict that Robert Walters plc will post 61.5448447 EPS 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.

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