RWS (LON:RWS) Stock Price Passes Above 200 Day Moving Average of $0.00

RWS Holdings plc (LON:RWS) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $577.00. RWS shares last traded at $570.00, with a volume of 71,765 shares.

Several brokerages recently commented on RWS. Numis Securities downgraded shares of RWS to an “add” rating and lifted their target price for the stock from GBX 450 ($5.88) to GBX 600 ($7.84) in a research note on Thursday, June 6th. Berenberg Bank boosted their price objective on shares of RWS from GBX 615 ($8.04) to GBX 670 ($8.75) and gave the company a “buy” rating in a research report on Tuesday, June 11th. Finally, Barclays boosted their price objective on shares of RWS from GBX 560 ($7.32) to GBX 610 ($7.97) and gave the company an “overweight” rating in a research report on Wednesday, June 12th.

The company has a debt-to-equity ratio of 25.43, a quick ratio of 1.38 and a current ratio of 1.38. The stock’s 50-day simple moving average is GBX 623.86 and its 200-day simple moving average is GBX 565.94. The firm has a market capitalization of $1.55 billion and a PE ratio of 42.24.

The business also recently disclosed a dividend, which was paid on Friday, July 19th. Shareholders of record on Thursday, June 27th were given a dividend of GBX 1.75 ($0.02) per share. This represents a yield of 0.29%. The ex-dividend date of this dividend was Thursday, June 27th. RWS’s payout ratio is currently 0.60%.

RWS Company Profile (LON:RWS)

RWS Holdings plc engages in the translation, intellectual property (IP) support, life sciences language, and localization businesses. The company operates through four segments: Patent Translation & Filing, Patent Information, Life Sciences, and Language Solutions. The Patent Translation & Filing segment undertakes patent translation and filing services of patent activities, as well as IP translations for litigation and information purposes, including prior-art documents, office actions, opposition proceedings and correspondence, and written opinions of international searching authorities.

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