Robert Walters (LON:RWA) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Robert Walters shares moved above its 200-day moving average during Tuesday’s trading, briefly reaching GBX 114 before last trading at GBX 111.50. The 200-day average was GBX 102.04.
• Analyst sentiment remains cautious, with Deutsche Bank reiterating a “hold” rating and setting a GBX 100 price target. MarketBeat data shows a consensus rating of “Hold.”
• Insiders have recently been buying shares, including purchases by Leslie Van de Walle and Andrew Rashbass. The stock also carries a market cap of £73.34 million and relatively modest liquidity metrics, with a quick ratio of 1.52 and current ratio of 1.28.

Robert Walters plc (LON:RWA - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 102.04 and traded as high as GBX 114. Robert Walters shares last traded at GBX 111.50, with a volume of 53,464 shares trading hands.

Analysts Set New Price Targets

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

Robert Walters Stock Performance

The business's 50 day moving average price is GBX 88.75 and its 200-day moving average price is GBX 102.04. The company has a market cap of £73.34 million, a price-to-earnings ratio of -2.74, a PEG ratio of 0.08 and a beta of 0.80. The company has a debt-to-equity ratio of 89.82, a quick ratio of 1.52 and a current ratio of 1.28.

Insiders Place Their Bets

In related news, insider Leslie Van de Walle acquired 30,000 shares of the company's stock in a transaction on Friday, May 1st. The stock was purchased at an average cost of GBX 94 per share, for a total transaction of £28,200. Also, insider Andrew Rashbass acquired 21,739 shares of the company's stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of GBX 92 per share, with a total value of £19,999.88. Insiders acquired a total of 91,669 shares of company stock worth $8,683,058 over the last quarter. Company insiders own 3.90% of the company's stock.

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.

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