Shore Capital Reaffirms “Buy” Rating for RWS (LON:RWS)

RWS (LON:RWS)‘s stock had its “buy” rating restated by analysts at Shore Capital in a research note issued to investors on Thursday, Marketbeat reports.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 330 ($4.21) target price on shares of RWS in a report on Thursday.

RWS Price Performance

RWS stock traded up GBX 13.20 ($0.17) during mid-day trading on Thursday, reaching GBX 173.20 ($2.21). 808,352 shares of the company’s stock were exchanged, compared to its average volume of 1,122,128. The company has a market cap of £638.57 million, a price-to-earnings ratio of -1,924.44, a price-to-earnings-growth ratio of 1.43 and a beta of 0.76. The stock’s 50 day moving average is GBX 150.49 and its 200 day moving average is GBX 168.87. The company has a debt-to-equity ratio of 14.66, a current ratio of 1.54 and a quick ratio of 1.43. RWS has a 12-month low of GBX 129.80 ($1.66) and a 12-month high of GBX 261 ($3.33).

Insider Activity at RWS

In other RWS news, insider Ian El Mokadem bought 5,000 shares of the business’s stock in a transaction on Thursday, October 31st. The stock was bought at an average price of GBX 149 ($1.90) per share, with a total value of £7,450 ($9,503.76). Insiders own 46.21% of the company’s stock.

RWS Company Profile

RWS Holdings plc provides technology-enabled language, content, and intellectual property (IP) services. It operates through four segments: Language Services, Regulated Industries, IP Services, and Language and Content Technology. The Language Services segment provides localization services, which includes translation and adaptation of content across a variety of media and materials.