Robert Walters (LON:RWA) Stock Passes Below Two Hundred Day Moving Average of $559.32

Robert Walters PLC (LON:RWA) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $559.32 and traded as low as $499.00. Robert Walters shares last traded at $496.50, with a volume of 4,836 shares traded.

Separately, Liberum Capital reiterated a “buy” rating and set a GBX 630 ($8.23) price target (down previously from GBX 740 ($9.67)) on shares of Robert Walters in a research report on Tuesday, October 8th.

The company’s 50-day moving average is GBX 505.14 and its 200-day moving average is GBX 559.32. The firm has a market cap of $382.89 million and a price-to-earnings ratio of 10.65. The company has a debt-to-equity ratio of 74.44, a quick ratio of 1.45 and a current ratio of 1.45.

In related news, insider Steven Cooper purchased 500 shares of Robert Walters stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average price of GBX 457 ($5.97) per share, for a total transaction of £2,285 ($2,985.76).

About Robert Walters (LON:RWA)

Robert Walters plc, together with its subsidiaries, provides professional recruitment consultancy solutions worldwide. The company offers permanent, temporary, contract, and interim recruitment services in the fields of accounting and finance, banking and financial services, engineering, human resources, information technology, legal, sales and marketing, secretarial and support, and supply chain and procurement.

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