RWS (LON:RWS) Shares Pass Below Two Hundred Day Moving Average of $270.33

Shares of RWS Holdings plc (LON:RWS) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 270.33 ($3.41) and traded as low as GBX 238 ($3.01). RWS shares last traded at GBX 238 ($3.01), with a volume of 260,528 shares changing hands.

Analyst Ratings Changes

Several research firms have recently issued reports on RWS. Canaccord Genuity Group dropped their price objective on shares of RWS from GBX 265 ($3.35) to GBX 260 ($3.28) and set a “hold” rating for the company in a research report on Monday, June 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 470 ($5.94) price objective on shares of RWS in a research report on Thursday, June 8th. Shore Capital restated a “buy” rating on shares of RWS in a research note on Thursday, June 8th. Finally, Canaccord Genuity Group lowered their target price on RWS from GBX 265 ($3.35) to GBX 260 ($3.28) and set a “hold” rating for the company in a research note on Monday, June 12th.

RWS Stock Down 0.4 %

The firm’s 50 day moving average price is GBX 245.42 and its two-hundred day moving average price is GBX 269.39. The firm has a market capitalization of £918.07 million, a PE ratio of 1,601.33, a P/E/G ratio of 1.43 and a beta of 0.67. The company has a quick ratio of 1.43, a current ratio of 1.52 and a debt-to-equity ratio of 5.36.

RWS Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 21st. Shareholders of record on Thursday, June 22nd were given a GBX 2.40 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a yield of 1.06%. RWS’s payout ratio is currently 8,000.00%.

Insider Activity

In other RWS news, insider Julie Southern purchased 4,000 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The shares were acquired at an average price of GBX 258 ($3.26) per share, for a total transaction of £10,320 ($13,033.59). Insiders own 23.72% of the company’s stock.

RWS Company Profile

RWS Holdings plc provides technology-enabled language, content management, 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 language services and helps clients to create, translate, and deliver content in approximately 250 languages.