David Stevenson Purchases 786 Shares of Workspace Group Plc (LON:WKP) Stock

Workspace Group Plc (LON:WKP) insider David Stevenson bought 786 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average cost of GBX 508 ($6.39) per share, with a total value of £3,992.88 ($5,019.96).

Workspace Group Stock Performance

Shares of WKP opened at GBX 508 ($6.39) on Thursday. 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 firm’s fifty day simple moving average is GBX 561.98 and its two-hundred day simple moving average is GBX 594.06. Workspace Group Plc has a 12 month low of GBX 473 ($5.95) and a 12 month high of GBX 664 ($8.35). The stock has a market capitalization of £975.36 million, a P/E ratio of -508.00, a price-to-earnings-growth ratio of 1.54 and a beta of 1.04.

Workspace Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 9th will be given a dividend of GBX 9.40 ($0.12) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 1.74%. 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.