Robert Walters (LON:RWA) Shares Cross Below 200 Day Moving Average - What's Next?

Key Points

• Shares crossed below their 200‑day moving average, trading as low as GBX 97.60 versus the 200‑day MA of GBX 122.48 on volume of 55,796, signaling technical weakness (also below the 50‑day MA of GBX 99.59).
• Deutsche Bank reaffirmed a Hold rating with a GBX 100 price target, and MarketBeat's consensus rating is also Hold with a GBX 100 consensus target.
• Fundamentals show strain: market cap £64.2M, negative quarterly EPS (GBX -40.70), negative return on equity (‑24.67%) and net margin (‑3.43%), and a high debt‑to‑equity ratio of 89.82.

Robert Walters plc (LON:RWA - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 122.48 and traded as low as GBX 97.60. Robert Walters shares last traded at GBX 97.60, with a volume of 55,796 shares changing hands.

Analyst Ratings Changes

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

Robert Walters Price Performance

The company has a market cap of £64.20 million, a PE ratio of -2.40, a P/E/G ratio of 0.08 and a beta of 0.75. The company has a 50-day moving average price of GBX 99.59 and a two-hundred day moving average price of GBX 122.48. The company has a debt-to-equity ratio of 89.82, a current ratio of 1.28 and a quick ratio of 1.52.

Robert Walters (LON:RWA - Get Free Report) last released its quarterly earnings results on Wednesday, March 11th. The company reported GBX (40.70) EPS for the quarter. Robert Walters had a negative return on equity of 24.67% and a negative net margin of 3.43%. Sell-side analysts expect that Robert Walters plc will post 61.5448447 earnings per share 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. 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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