Workspace Group (LON:WKP) Shares Cross Below Two Hundred Day Moving Average of $516.84

Workspace Group Plc (LON:WKP - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 516.84 ($6.43) and traded as low as GBX 491.07 ($6.11). Workspace Group shares last traded at GBX 492 ($6.12), with a volume of 78,055 shares traded.

Workspace Group Trading Down 0.9 %

The company has a debt-to-equity ratio of 56.11, a quick ratio of 0.11 and a current ratio of 1.30. The company has a 50-day simple moving average of GBX 499.96 and a 200 day simple moving average of GBX 516.82. The company has a market capitalization of £935.56 million, a P/E ratio of -420.26, a P/E/G ratio of 1.54 and a beta of 1.05.

Workspace Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 2nd. Stockholders of record on Thursday, January 4th were given a dividend of GBX 9 ($0.11) per share. This represents a dividend yield of 1.53%. The ex-dividend date was Thursday, January 4th. Workspace Group's dividend payout ratio is presently -2,241.38%.

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.