RWS (LON:RWS) Stock Price Up 0.4% – Here’s What Happened

Posted by Trent Williams on Dec 13th, 2024

RWS Holdings plc (LON:RWS – Get Free Report)’s stock price was up 0.4% during mid-day trading on Wednesday . The stock traded as high as GBX 165 ($2.08) and last traded at GBX 160 ($2.02). Approximately 489,755 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 1,123,425 shares. The stock had previously closed at GBX 159.40 ($2.01).

Wall Street Analyst Weigh In

A number of research firms have commented on RWS. Shore Capital reissued a “buy” rating on shares of RWS in a report on Thursday. Berenberg Bank reiterated a “buy” rating and issued a GBX 330 ($4.17) price objective on shares of RWS in a research note on Thursday.

Check Out Our Latest Research Report on RWS

RWS Stock Performance

The firm has a fifty day moving average of GBX 150.97 and a 200-day moving average of GBX 168.95. The company has a quick ratio of 1.43, a current ratio of 1.54 and a debt-to-equity ratio of 14.66. The stock has a market capitalization of £668.07 million, a price-to-earnings ratio of -2,063.57, a PEG ratio of 1.43 and a beta of 0.76.

RWS Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be given a dividend of GBX 9.80 ($0.12) per share. This is an increase from RWS’s previous dividend of $2.40. This represents a dividend yield of 3.96%. The ex-dividend date of this dividend is Thursday, January 16th. RWS’s payout ratio is currently -13,333.33%.

Insider Buying and Selling at RWS

In other RWS news, insider Ian El Mokadem purchased 5,000 shares of the firm’s stock in a transaction on Thursday, October 31st. The shares were purchased at an average cost of GBX 149 ($1.88) per share, with a total value of £7,450 ($9,403.00). 46.21% of the stock is owned by insiders.

About RWS

(Get Free Report)

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.