Nick Mackenzie Purchases 4,500 Shares of Workspace Group Plc (LON:WKP) Stock

Workspace Group Plc (LON:WKP) insider Nick Mackenzie acquired 4,500 shares of the business’s stock in a transaction dated Thursday, January 23rd. The stock was purchased at an average cost of GBX 436 ($5.44) per share, for a total transaction of £19,620 ($24,491.32).

Workspace Group Price Performance

Shares of LON WKP opened at GBX 433.50 ($5.41) on Friday. Workspace Group Plc has a 52 week low of GBX 427.50 ($5.34) and a 52 week high of GBX 664 ($8.29). The business’s 50 day moving average price is GBX 501.92 and its 200 day moving average price is GBX 574.86. 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 firm has a market cap of £832.32 million, a P/E ratio of -433.50, a P/E/G ratio of 1.54 and a beta of 1.04.

Workspace Group (LON:WKP) last announced its quarterly earnings data on Friday, November 22nd. The company reported GBX 16.90 ($0.21) EPS for the quarter. Workspace Group had a negative net margin of 104.45% and a negative return on equity of 11.54%. On average, sell-side analysts expect that Workspace Group Plc will post 36.7630058 earnings per share for the current year.

Workspace Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 9th will be issued a GBX 9.40 ($0.12) dividend. This represents a yield of 1.74%. The ex-dividend date is Thursday, January 9th. Workspace Group’s payout ratio is -2,800.00%.

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.