RWS (LON:RWS) Stock Price Up 0.4% - Here's Why

RWS Holdings plc (LON:RWS - Get Free Report) shot up 0.4% on Wednesday . The company traded as high as GBX 165 ($2.09) and last traded at GBX 160 ($2.03). 489,755 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 1,123,425 shares. The stock had previously closed at GBX 159.40 ($2.02).

Wall Street Analyst Weigh In

Several research firms have recently commented on RWS. Shore Capital reissued a "buy" rating on shares of RWS in a research note on Thursday. Berenberg Bank reaffirmed a "buy" rating and set a GBX 330 ($4.18) price objective on shares of RWS in a report on Thursday.

RWS Stock Performance

The company has a debt-to-equity ratio of 14.66, a quick ratio of 1.43 and a current ratio of 1.54. The company has a market cap of £663.64 million, a P/E ratio of -1,924.44, a P/E/G ratio of 1.43 and a beta of 0.76. The stock's fifty day moving average price is GBX 150.49 and its two-hundred day moving average price is GBX 168.87.

RWS Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be issued a GBX 9.80 ($0.12) dividend. This represents a dividend yield of 3.96%. The ex-dividend date is Thursday, January 16th. This is an increase from RWS's previous dividend of $2.40. RWS's dividend payout ratio (DPR) is currently -13,333.33%.

Insider Buying and Selling

In other RWS news, insider Ian El Mokadem acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average price of GBX 149 ($1.89) per share, for a total transaction of £7,450 ($9,443.53). 46.21% of the stock is owned by corporate insiders.

About RWS

RWS Holdings plc provides technology-enabled language, content, and intellectual property (IP) services. It operates through four segments: Language Services, Regulated Industries, IP Services, and Language and Content Technology. The Language Services segment provides localization services, which includes translation and adaptation of content across a variety of media and materials.