Robert Walters (LON:RWA) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Robert Walters plc (LON:RWA) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 376.17 ($4.88) and traded as high as GBX 377 ($4.89). Robert Walters shares last traded at GBX 375 ($4.86), with a volume of 226,996 shares traded.

Robert Walters Trading Up 0.3 %

The firm’s 50-day simple moving average is GBX 350.45 and its 200 day simple moving average is GBX 376.16. The firm has a market cap of £272.07 million, a P/E ratio of 4,687.50, a price-to-earnings-growth ratio of 0.08 and a beta of 1.22. The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 64.28.

Insider Buying and Selling

In other news, insider David Bower bought 15,777 shares of the stock in a transaction on Wednesday, October 23rd. The shares were purchased at an average cost of GBX 374 ($4.85) per share, for a total transaction of £59,005.98 ($76,521.83). 19.70% of the stock is currently owned by insiders.

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.