Robert Walters (LON:RWA) Stock Price Down 7% – What’s Next?

Robert Walters plc (LON:RWA)’s share price traded down 7% during trading on Tuesday . The company traded as low as GBX 92 and last traded at GBX 97.60. 685,548 shares traded hands during mid-day trading, an increase of 400% from the average daily volume of 137,227 shares. The stock had previously closed at GBX 105.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 100 price objective on shares of Robert Walters in a report on Thursday, April 16th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Robert Walters has a consensus rating of “Hold” and a consensus price target of GBX 100.

Robert Walters Price Performance

The stock has a fifty day moving average of GBX 87.50 and a 200 day moving average of GBX 102.80. The stock has a market cap of £63.24 million, a price-to-earnings ratio of -2.36, a P/E/G ratio of 0.08 and a beta of 0.80. The company has a debt-to-equity ratio of 89.82, a current ratio of 1.28 and a quick ratio of 1.52.

Insider Buying and Selling at Robert Walters

In other news, insider Toby Fowlston bought 9,930 shares of the business’s stock in a transaction dated Thursday, April 23rd. The stock was purchased at an average cost of GBX 99 per share, with a total value of £9,830.70. Also, insider Leslie Van de Walle bought 30,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of GBX 94 per share, with a total value of £28,200. Over the last ninety days, insiders purchased 91,669 shares of company stock valued at $8,683,058. 3.90% of the stock is owned by company insiders.

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.