Robert Walters (LON:RWA) Shares Pass Above 200-Day Moving Average - Time to Sell?

Key Points

• Robert Walters shares rose above their 200-day moving average, reaching GBX 127 versus the average of GBX 100.38, though they later traded down 0.8%.
• Analyst sentiment remains cautious: Deutsche Bank reaffirmed a “Hold” rating with a GBX 100 price target, matching the consensus rating and average target.
• The company reported quarterly EPS of negative GBX 13.80, alongside a negative net margin of 3.04% and negative return on equity of 25.40%; an insider nevertheless bought nearly £20,000 of shares in May.

Shares of Robert Walters plc (LON:RWA - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 100.38 and traded as high as GBX 127. Robert Walters shares last traded at GBX 127, with a volume of 127,867 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set 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, Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of GBX 100.

Robert Walters Trading Down 0.8%

The firm has a 50-day moving average price of GBX 95.58 and a 200-day moving average price of GBX 100.38. The stock has a market cap of £82.88 million, a PE ratio of -3.36, a price-to-earnings-growth ratio of 0.08 and a beta of 0.80. The company has a debt-to-equity ratio of 82.10, a quick ratio of 1.52 and a current ratio of 1.25.

Robert Walters (LON:RWA - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX (13.80) EPS for the quarter. Robert Walters had a negative net margin of 3.04% and a negative return on equity of 25.40%. As a group, equities analysts anticipate that Robert Walters plc will post 61.5448447 EPS for the current fiscal year.

Insider Transactions at Robert Walters

In related news, insider Andrew Rashbass purchased 21,739 shares of the company's stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of GBX 92 per share, with a total value of £19,999.88. Corporate 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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