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Workspace Group (LON:WKP) Share Price Crosses Above 200 Day Moving Average - Here's What Happened

Workspace Group logo with Real Estate background

Workspace Group Plc (LON:WKP - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 589.10 ($7.64) and traded as high as GBX 612 ($7.94). Workspace Group shares last traded at GBX 612 ($7.94), with a volume of 170,890 shares trading hands.

Workspace Group Price Performance

The company has a debt-to-equity ratio of 57.43, a quick ratio of 0.11 and a current ratio of 1.23. The firm has a market cap of £1.14 billion, a price-to-earnings ratio of -611.00, a price-to-earnings-growth ratio of 1.54 and a beta of 1.04. The company's fifty day moving average is GBX 628.89 and its two-hundred day moving average is GBX 589.82.

Insider Buying and Selling

In other news, insider David Stevenson purchased 462 shares of the company's stock in a transaction that occurred on Tuesday, September 17th. The shares were purchased at an average price of GBX 649 ($8.42) per share, with a total value of £2,998.38 ($3,888.45). 32.24% of the stock is currently owned by insiders.

Workspace Group Company Profile

(Get Free Report)

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more.

Further Reading

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