Workspace Group (LON:WKP) Shares Cross Below 200-Day Moving Average - Should You Sell?

Shares of Workspace Group Plc (LON:WKP - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 594.36 ($7.49) and traded as low as GBX 538 ($6.78). Workspace Group shares last traded at GBX 546 ($6.88), with a volume of 420,950 shares.

Workspace Group Trading Up 1.1 %

The company has a market capitalization of £1.05 billion, a PE ratio of -546.00, a price-to-earnings-growth ratio of 1.54 and a beta of 1.04. The company has a 50 day simple moving average of GBX 609.73 and a 200 day simple moving average of GBX 594.02. The company has a debt-to-equity ratio of 57.43, a quick ratio of 0.11 and a current ratio of 1.23.

Insider Activity at Workspace Group

In other Workspace Group news, insider David Stevenson acquired 462 shares of the business's stock in a transaction on Tuesday, September 17th. The stock was bought at an average price of GBX 649 ($8.18) per share, for a total transaction of £2,998.38 ($3,778.68). 32.24% of the stock is owned by corporate insiders.

About Workspace Group

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.