Robert Walters (LON:RWA) Shares Up 12.9% – What’s Next?

Robert Walters plc (LON:RWA)’s share price shot up 12.9% during mid-day trading on Tuesday . The stock traded as high as GBX 133 and last traded at GBX 131. 136,692 shares were traded during mid-day trading, a decline of 20% from the average session volume of 171,152 shares. The stock had previously closed at GBX 116.

Analyst Upgrades and Downgrades

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

Robert Walters Stock Performance

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 134.35 and a 200-day moving average price of GBX 160.90. The firm has a market capitalization of £83.21 million, a PE ratio of -5.65, a price-to-earnings-growth ratio of 0.08 and a beta of 1.22.

Robert Walters Company Profile

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.