Robert Walters (LON:RWA) Share Price Passes Below 200 Day Moving Average – Here’s Why

Robert Walters plc (LON:RWA)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 374.53 ($4.72) and traded as low as GBX 346 ($4.36). Robert Walters shares last traded at GBX 348 ($4.39), with a volume of 36,658 shares changing hands.

Robert Walters Stock Performance

The company has a current ratio of 1.47, a quick ratio of 1.52 and a debt-to-equity ratio of 64.28. The stock has a market cap of £251.81 million, a PE ratio of 4,350.00, a P/E/G ratio of 0.08 and a beta of 1.22. The business’s 50-day moving average price is GBX 350.53 and its 200-day moving average price is GBX 374.53.

Insiders Place Their Bets

In other Robert Walters news, insider David Bower purchased 15,777 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were acquired at an average price of GBX 374 ($4.71) per share, for a total transaction of £59,005.98 ($74,361.66). Corporate insiders own 19.70% of the company’s stock.

About Robert Walters

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.