Workspace Group (LON:WKP) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Workspace Group Plc (LON:WKP – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 589.10 ($7.64) and traded as high as GBX 612 ($7.94). Workspace Group shares last traded at GBX 612 ($7.94), with a volume of 170,890 shares changing hands.

Workspace Group Price Performance

The firm has a market capitalization of £1.06 billion, a PE ratio of -553.00, a P/E/G ratio of 1.54 and a beta of 1.04. The company has a debt-to-equity ratio of 57.43, a quick ratio of 0.11 and a current ratio of 1.23. The stock has a fifty day moving average price of GBX 626.85 and a 200-day moving average price of GBX 590.24.

Insider Buying and Selling at Workspace Group

In other news, insider David Stevenson acquired 462 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were purchased at an average price of GBX 649 ($8.42) per share, with a total value of £2,998.38 ($3,888.45). 32.24% of the stock is owned by insiders.

Workspace Group Company Profile

(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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