RWS (LON:RWS) Trading Down 44.4% - Here's What Happened

RWS Holdings plc (LON:RWS - Get Free Report)'s share price traded down 44.4% during mid-day trading on Friday . The company traded as low as GBX 64.20 ($0.86) and last traded at GBX 64.20 ($0.86). 19,957,436 shares were traded during trading, an increase of 1,186% from the average session volume of 1,551,777 shares. The stock had previously closed at GBX 115.40 ($1.55).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated an "under review" rating on shares of RWS in a research report on Thursday.

RWS Price Performance

The firm has a market capitalization of £239.73 million, a P/E ratio of -6.47, a price-to-earnings-growth ratio of 1.43 and a beta of 0.76. The company has a current ratio of 1.76, a quick ratio of 1.43 and a debt-to-equity ratio of 11.29. The firm has a 50 day moving average price of GBX 118.56 and a 200-day moving average price of GBX 143.75.

RWS Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 16th were given a dividend of GBX 9.80 ($0.13) per share. This represents a dividend yield of 3.96%. This is an increase from RWS's previous dividend of $2.40. The ex-dividend date of this dividend was Thursday, January 16th. RWS's dividend payout ratio (DPR) is -119.36%.

Insider Activity at RWS

In related news, insider Benjamin Faes bought 1,000,000 shares of the business's stock in a transaction on Thursday, April 24th. The shares were bought at an average price of GBX 68 ($0.91) per share, for a total transaction of £680,000 ($913,610.10). 46.21% of the stock is currently owned by company insiders.

About RWS

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.