IWG (LON:IWG) Sets New 1-Year Low - Time to Sell?

IWG plc (LON:IWG - Get Free Report)'s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 149.60 ($1.85) and last traded at GBX 150.90 ($1.87), with a volume of 5133544 shares traded. The stock had previously closed at GBX 153 ($1.89).

IWG Stock Performance

The firm has a market capitalization of £1.52 billion, a price-to-earnings ratio of -1,074.29, a PEG ratio of -5.59 and a beta of 2.10. The firm has a 50 day moving average price of GBX 163.32 and a 200-day moving average price of GBX 169.51. The company has a debt-to-equity ratio of 6,782.41, a current ratio of 0.41 and a quick ratio of 0.45.

Insider Activity

In other news, insider Douglas Sutherland acquired 40,000 shares of IWG stock in a transaction dated Thursday, December 19th. The shares were acquired at an average cost of GBX 152 ($1.88) per share, for a total transaction of £60,800 ($75,154.51). Company insiders own 25.25% of the company's stock.

About IWG

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.