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Workspace Group (LON:WKP) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Workspace Group logo with Real Estate background

Workspace Group Plc (LON:WKP - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 434.06 ($5.85) and traded as low as GBX 389.50 ($5.25). Workspace Group shares last traded at GBX 396.36 ($5.35), with a volume of 263,692 shares.

Workspace Group Stock Performance

The company has a current ratio of 1.23, a quick ratio of 0.11 and a debt-to-equity ratio of 57.43. The stock has a market capitalization of £771.76 million, a PE ratio of -4.01, a PEG ratio of 1.54 and a beta of 1.04. The firm's 50-day simple moving average is GBX 417.57 and its two-hundred day simple moving average is GBX 432.53.

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

Insider Transactions at Workspace Group

In other Workspace Group news, insider David Benson sold 8,233 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of GBX 422 ($5.69), for a total transaction of £34,743.26 ($46,855.37). Corporate insiders own 32.24% of the company's stock.

About Workspace Group

(Get Free Report)

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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