RWS (LON:RWS) Shares Cross Below Two Hundred Day Moving Average - Here's What Happened

RWS Holdings plc (LON:RWS - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 167.10 ($2.09) and traded as low as GBX 154.40 ($1.93). RWS shares last traded at GBX 155.20 ($1.94), with a volume of 601,991 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on RWS shares. Berenberg Bank restated a "buy" rating and issued a GBX 330 ($4.12) price target on shares of RWS in a report on Thursday, December 12th. Shore Capital reissued a "buy" rating on shares of RWS in a research note on Thursday, December 12th.

RWS Stock Down 0.8 %

The stock has a market capitalization of £567.88 million, a PE ratio of -1,711.40, a P/E/G ratio of 1.43 and a beta of 0.76. The company has a current ratio of 1.54, a quick ratio of 1.43 and a debt-to-equity ratio of 14.66. The stock's fifty day simple moving average is GBX 166.48 and its 200-day simple moving average is GBX 166.76.

RWS (LON:RWS - Get Free Report) last released its earnings results on Thursday, December 12th. The company reported GBX 21.60 ($0.27) earnings per share (EPS) for the quarter. RWS had a negative return on equity of 3.80% and a negative net margin of 5.22%. As a group, sell-side analysts forecast that RWS Holdings plc will post 10.6469761 EPS for the current fiscal year.

RWS Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be paid a dividend of GBX 9.80 ($0.12) per share. This represents a dividend yield of 3.96%. This is a positive change from RWS's previous dividend of $2.40. The ex-dividend date of this dividend is Thursday, January 16th. RWS's payout ratio is presently -13,333.33%.

Insider Buying and Selling at RWS

In other news, insider Ian El Mokadem purchased 5,000 shares of the firm's stock in a transaction dated Thursday, October 31st. The shares were purchased at an average price of GBX 149 ($1.86) per share, with a total value of £7,450 ($9,302.04). Insiders own 46.21% of the company's stock.

RWS Company Profile

RWS Holdings plc is a unique, world-leading provider of technology-enabled language, content and intellectual property services. Through content transformation and multilingual data analysis, our unique combination of technology and cultural expertise helps our clients to grow by ensuring they are understood anywhere, in any language. Our purpose is unlocking global understanding.