TheWorks.co.uk (LON:WRKS) Trading Down 3.1% – Here’s Why

TheWorks.co.uk plc (LON:WRKS) shares traded down 3.1% during trading on Tuesday . The company traded as low as GBX 18 ($0.23) and last traded at GBX 20.60 ($0.27). 230,789 shares changed hands during trading, an increase of 10% from the average session volume of 209,098 shares. The stock had previously closed at GBX 21.25 ($0.28).

TheWorks.co.uk Trading Down 1.7 %

The company has a 50 day simple moving average of GBX 20.87 and a two-hundred day simple moving average of GBX 22.29. The company has a debt-to-equity ratio of 770.97, a quick ratio of 0.33 and a current ratio of 0.85. The firm has a market cap of £12.12 million, a PE ratio of 1.90 and a beta of 1.18.

TheWorks.co.uk (LON:WRKS) last issued its earnings results on Friday, January 24th. The company reported GBX (9.40) (($0.12)) EPS for the quarter. TheWorks.co.uk had a net margin of 2.26% and a return on equity of 654.05%. Analysts expect that TheWorks.co.uk plc will post 9.8543689 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Stephen Gerard Bellamy purchased 75,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average price of GBX 22 ($0.28) per share, for a total transaction of £16,500 ($21,373.06). 52.77% of the stock is owned by insiders.

TheWorks.co.uk Company Profile

TheWorks.co.uk plc engages in the retailing of gifts, books, art and craft products, toys, games, and stationery and seasonal products in the United Kingdom and Ireland. It sells its products through a network of stores, as well as through online. The company was founded in 1981 and is based in Birmingham, the United Kingdom.