Workspace Group (LON:WKP) Sets New 12-Month High at $650.00

Posted by Paula Ricardo on Sep 10th, 2024

Workspace Group Plc (LON:WKP – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 650 ($8.50) and last traded at GBX 649 ($8.49), with a volume of 64195 shares traded. The stock had previously closed at GBX 639 ($8.36).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. increased their target price on Workspace Group from GBX 650 ($8.50) to GBX 700 ($9.15) and gave the company an “overweight” rating in a report on Thursday, June 6th.

Get Our Latest Analysis on Workspace Group

Workspace Group Trading Up 1.9 %

The firm has a market cap of £1.25 billion, a P/E ratio of -641.00, a P/E/G ratio of 1.54 and a beta of 1.05. The business’s 50-day moving average is GBX 615.48 and its two-hundred day moving average is GBX 556.77. The company has a debt-to-equity ratio of 57.43, a current ratio of 1.23 and a quick ratio of 0.11.

Insider Buying and Selling at Workspace Group

In other Workspace Group news, insider Graham Clemett sold 3,597 shares of the business’s stock in a transaction that occurred on Friday, June 28th. The shares were sold at an average price of GBX 590 ($7.72), for a total transaction of £21,222.30 ($27,752.45). In related news, insider Graham Clemett sold 3,597 shares of Workspace Group stock in a transaction on Friday, June 28th. The shares were sold at an average price of GBX 590 ($7.72), for a total value of £21,222.30 ($27,752.45). Also, insider David Benson sold 19,129 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of GBX 6 ($0.08), for a total transaction of £1,147.74 ($1,500.90). Insiders own 32.49% of the company’s stock.

About Workspace Group

(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.