IWG plc (LON:IWG - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 231 ($3.13) and last traded at GBX 227.80 ($3.08), with a volume of 111947 shares. The stock had previously closed at GBX 227 ($3.07).
Analysts Set New Price Targets
Separately, Berenberg Bank restated a "buy" rating and set a GBX 270 ($3.65) price target on shares of IWG in a research note on Wednesday.
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IWG Trading Up 0.0%
The stock has a market cap of £2.33 billion, a P/E ratio of -17.25, a PEG ratio of -5.59 and a beta of 2.10. The company has a debt-to-equity ratio of 12,629.31, a current ratio of 0.41 and a quick ratio of 0.45. The business's 50 day simple moving average is GBX 214.23 and its 200 day simple moving average is GBX 193.10.
About IWG
(
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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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