Workspace Group Plc (LON:WKP - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 594.99 ($7.51) and traded as low as GBX 517 ($6.53). Workspace Group shares last traded at GBX 523 ($6.60), with a volume of 127,312 shares.
Workspace Group Stock Performance
The stock has a market cap of £990.72 million, a P/E ratio of -516.00, a PEG ratio of 1.54 and a beta of 1.04. The company has a debt-to-equity ratio of 57.43, a current ratio of 1.23 and a quick ratio of 0.11. The stock has a 50-day simple moving average of GBX 571.50 and a 200-day simple moving average of GBX 594.99.
Workspace Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 9th will be issued a dividend of GBX 9.40 ($0.12) per share. The ex-dividend date is Thursday, January 9th. This represents a yield of 1.74%. Workspace Group's payout ratio is -2,800.00%.
Insider Activity at Workspace Group
In other Workspace Group news, insider David Stevenson acquired 462 shares of the business's stock in a transaction dated Tuesday, September 17th. The stock was bought at an average price of GBX 649 ($8.19) per share, with a total value of £2,998.38 ($3,784.40). 32.24% of the stock is owned by corporate insiders.
About Workspace Group
(
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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.
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