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

Key Points

• Robert Walters plc's stock price fell below its two hundred day moving average, trading at GBX 130.50 ($1.75) after hitting a low of GBX 128.93 ($1.73).
• Deutsche Bank cut its price target for the stock from GBX 350 to GBX 280 while maintaining a "buy" rating, with analysts suggesting a consensus target price of GBX 280.
• The company's market cap is £85.69 million, and it reported a quarterly earnings per share of GBX (17) with a net margin of 0.58%.

Robert Walters plc (LON:RWA - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 184.03 ($2.47) and traded as low as GBX 128.93 ($1.73). Robert Walters shares last traded at GBX 130.50 ($1.75), with a volume of 224,885 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Robert Walters from GBX 350 to GBX 280 and set a "buy" rating on the stock in a research report on Thursday, July 31st. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 280.

Robert Walters Stock Performance

The company has a market cap of £85.69 million, a price-to-earnings ratio of -581.58, a price-to-earnings-growth 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 stock has a 50-day moving average price of GBX 139.17 and a 200 day moving average price of GBX 184.03.

Robert Walters (LON:RWA - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported GBX (17) earnings per share (EPS) for the quarter. Robert Walters had a return on equity of 3.65% and a net margin of 0.58%. As a group, analysts anticipate 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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