Workspace Group (LON:WKP) Reaches New 12-Month Low - Time to Sell?

Shares of Workspace Group Plc (LON:WKP - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 4.18 ($0.06) and last traded at GBX 426.50 ($5.82), with a volume of 435120 shares changing hands. The stock had previously closed at GBX 420.50 ($5.74).

Workspace Group Stock Performance

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 company's fifty day moving average price is GBX 423.10 and its 200 day moving average price is GBX 437.62. The company has a market cap of £754.39 million, a PE ratio of -3.92, a P/E/G ratio of 1.54 and a beta of 1.04.

Workspace Group (LON:WKP - Get Free Report) last announced its quarterly earnings data on Thursday, June 5th. The company reported GBX 34.50 ($0.47) earnings per share (EPS) for the quarter. Workspace Group had a negative return on equity of 12.20% and a negative net margin of 104.45%. On average, equities research analysts predict that Workspace Group Plc will post 36.7630058 earnings per share for the current year.

Insiders Place Their Bets

In other Workspace Group news, insider David Benson sold 13,513 shares of the business's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of GBX 426 ($5.82), for a total value of £57,565.38 ($78,587.55). Company insiders own 32.24% of the company's stock.

Workspace Group Company Profile

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.