Workspace Group (LON:WKP) Reaches New 1-Year Low - Should You Sell?

Workspace Group Plc (LON:WKP - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The company traded as low as GBX 387.50 ($5.07) and last traded at GBX 391 ($5.12), with a volume of 1747246 shares traded. The stock had previously closed at GBX 413 ($5.41).

Workspace Group Stock Up 1.3 %

The company has a quick ratio of 0.11, a current ratio of 1.23 and a debt-to-equity ratio of 57.43. The stock has a market cap of £767.92 million, a P/E ratio of -3.99, a P/E/G ratio of 1.54 and a beta of 1.04. The company's 50 day moving average price is GBX 430.50 and its two-hundred day moving average price is GBX 501.69.

Workspace Group Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 9th were given a dividend of GBX 9.40 ($0.12) per share. This represents a yield of 1.74%. The ex-dividend date was Thursday, January 9th. Workspace Group's dividend payout ratio (DPR) is presently -27.92%.

Insider Transactions at Workspace Group

In other Workspace Group news, insider Nick Mackenzie purchased 4,500 shares of Workspace Group stock in a transaction dated Thursday, January 23rd. The stock was acquired at an average price of GBX 436 ($5.71) per share, for a total transaction of £19,620 ($25,680.63). Corporate 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.