Robert Walters (LON:RWA) Share Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Robert Walters plc (LON:RWA) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 359.41 ($4.46) and traded as low as GBX 320 ($3.98). Robert Walters shares last traded at GBX 325 ($4.04), with a volume of 8,911 shares traded.

Robert Walters Trading Down 2.4 %

The business has a 50-day moving average price of GBX 344.40 and a 200-day moving average price of GBX 358.93. The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 64.28. The firm has a market capitalization of £235.17 million, a P/E ratio of 4,062.50, a PEG ratio of 0.08 and a beta of 1.22.

Insider Activity

In other news, insider David Bower bought 15,777 shares of the business’s stock in a transaction dated Wednesday, October 23rd. The stock was bought at an average price of GBX 374 ($4.65) per share, for a total transaction of £59,005.98 ($73,299.35). Corporate insiders own 19.70% of the company’s stock.

Robert Walters Company Profile

Robert Walters plc, together with its subsidiaries, provides professional recruitment consultancy services worldwide. The company offers permanent, 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.