RWS (LON:RWS) Stock Crosses Above 200 Day Moving Average – What’s Next?

RWS Holdings plc (LON:RWS)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 168.08 ($2.05) and traded as high as GBX 178 ($2.17). RWS shares last traded at GBX 176.39 ($2.15), with a volume of 848,535 shares.

Analyst Ratings Changes

Several equities analysts have recently weighed in on RWS shares. Shore Capital reiterated a “buy” rating on shares of RWS in a report on Thursday, December 12th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 330 ($4.02) target price on shares of RWS in a research report on Thursday, December 12th.

RWS Stock Performance

The company has a fifty day moving average price of GBX 165.27 and a 200 day moving average price of GBX 167.89. 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 stock has a market cap of £606.96 million, a P/E ratio of -1,829.19, a P/E/G ratio of 1.43 and a beta of 0.76.

RWS Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be paid a GBX 9.80 ($0.12) dividend. 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 is Thursday, January 16th. RWS’s dividend payout ratio (DPR) is -13,333.33%.

Insiders Place Their Bets

In related news, insider Ian El Mokadem acquired 5,000 shares of the company’s stock in a transaction on Thursday, October 31st. The shares were acquired at an average cost of GBX 149 ($1.81) per share, for a total transaction of £7,450 ($9,064.36). Corporate 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.