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IWG (LON:IWG) Reaches New 12-Month Low - What's Next?

IWG logo with Real Estate background

Shares of IWG plc (LON:IWG - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 147.10 ($1.80) and last traded at GBX 148.60 ($1.82), with a volume of 5679364 shares changing hands. The stock had previously closed at GBX 149.30 ($1.83).

IWG Stock Performance

The company has a market cap of £1.57 billion, a P/E ratio of -1,108.57, a P/E/G ratio of -5.59 and a beta of 2.10. The company has a debt-to-equity ratio of 6,782.41, a quick ratio of 0.45 and a current ratio of 0.41. The stock's fifty day moving average price is GBX 162.61 and its two-hundred day moving average price is GBX 168.92.

Insider Activity at IWG

In related news, insider Douglas Sutherland bought 40,000 shares of the company's stock in a transaction that occurred on Thursday, December 19th. The shares were bought at an average price of GBX 152 ($1.86) per share, for a total transaction of £60,800 ($74,400.39). 25.25% of the stock is currently owned by company insiders.

IWG Company Profile

(Get Free Report)

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.

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