RWS (LON:RWS) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

RWS Holdings plc (LON:RWS) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 168.08 ($2.06) and traded as high as GBX 178 ($2.18). RWS shares last traded at GBX 176.39 ($2.16), with a volume of 848,535 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on RWS. Berenberg Bank reaffirmed a “buy” rating and set a GBX 330 ($4.04) price target on shares of RWS in a research note on Thursday, December 12th. Shore Capital reaffirmed a “buy” rating on shares of RWS in a research note on Thursday, December 12th.

RWS Stock Down 6.3 %

The company has a debt-to-equity ratio of 14.66, a current ratio of 1.54 and a quick ratio of 1.43. The firm has a market cap of £610.55 million, a price-to-earnings ratio of -1,840.00, a price-to-earnings-growth ratio of 1.43 and a beta of 0.76. The firm has a 50 day moving average price of GBX 164.52 and a 200-day moving average price of GBX 168.08.

RWS Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 14th. Stockholders 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%. The ex-dividend date of this dividend is Thursday, January 16th. This is a positive change from RWS’s previous dividend of $2.40. RWS’s dividend payout ratio is -13,333.33%.

Insider Buying and Selling at RWS

In related news, insider Ian El Mokadem bought 5,000 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were purchased at an average price of GBX 149 ($1.82) per share, with a total value of £7,450 ($9,118.73). 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.