RWS (LON:RWS) Reaches New 12-Month High at $670.00
RWS Holdings plc (LON:RWS) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 670 ($8.75) and last traded at GBX 657 ($8.58), with a volume of 13951 shares. The stock had previously closed at GBX 665 ($8.69).
A number of research analysts have recently commented on the company. Deutsche Bank reissued an “overweight” rating and set a GBX 615 ($8.04) price objective on shares of RWS in a report on Wednesday, October 16th. Berenberg Bank restated a “buy” rating on shares of RWS in a report on Friday, October 4th. Finally, Barclays increased their price target on RWS from GBX 610 ($7.97) to GBX 615 ($8.04) and gave the company an “overweight” rating in a report on Wednesday, October 16th.
The firm has a market capitalization of $1.81 billion and a price-to-earnings ratio of 49.03. 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 business’s 50 day moving average is GBX 601.10 and its 200-day moving average is GBX 608.23.
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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