Workspace Group Plc (LON:WKP) Insider Purchases £2,998.38 in Stock

Workspace Group Plc (LON:WKP) insider David Stevenson purchased 462 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were bought at an average price of GBX 649 ($8.57) per share, for a total transaction of £2,998.38 ($3,960.87).

Workspace Group Stock Up 0.6 %

LON:WKP traded up GBX 4 ($0.05) on Wednesday, hitting GBX 648 ($8.56). 114,548 shares of the company’s stock were exchanged, compared to its average volume of 273,640. The firm has a 50-day moving average price of GBX 622.34 and a 200-day moving average price of GBX 563.52. The company has a debt-to-equity ratio of 57.43, a current ratio of 1.23 and a quick ratio of 0.11. Workspace Group Plc has a 52 week low of GBX 449.20 ($5.93) and a 52 week high of GBX 664 ($8.77). The company has a market cap of £1.24 billion, a P/E ratio of -643.00, a price-to-earnings-growth ratio of 1.54 and a beta of 1.04.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. increased their target price on shares of Workspace Group from GBX 650 ($8.59) to GBX 700 ($9.25) and gave the stock an “overweight” rating in a research report on Thursday, June 6th.

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.