Robert Walters (LON:RWA) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of Robert Walters plc (LON:RWA) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 traded.

Robert Walters Trading Down 2.2 %

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 50-day simple moving average of GBX 350.53 and a 200 day simple moving average of GBX 374.53. The company has a market cap of £251.81 million, a price-to-earnings ratio of 4,350.00, a PEG ratio of 0.08 and a beta of 1.22.

Insider Buying and Selling

In related news, insider David Bower acquired 15,777 shares of the firm’s stock in a transaction dated Wednesday, October 23rd. The stock was acquired at an average price of GBX 374 ($4.71) per share, with a total value 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.