Workspace Group Plc (OTCMKTS:WKPPF – Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 3,791 shares, a decrease of 19.4% from the December 31st total of 4,703 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Workspace Group Trading Down 3.3%
WKPPF stock opened at $5.80 on Tuesday. Workspace Group has a 1-year low of $4.75 and a 1-year high of $6.00. The firm has a fifty day moving average price of $5.19 and a two-hundred day moving average price of $5.59.
Wall Street Analysts Forecast Growth
Separately, Barclays restated an “overweight” rating on shares of Workspace Group in a research note on Monday, December 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.
Workspace Group Company Profile
Workspace Group plc is a London-based real estate investment trust (REIT) that specializes in providing flexible workspace solutions for small and medium-sized enterprises. The company acquires, develops and manages a diversified portfolio of office suites, studios and industrial workshops designed to support the operational needs of its clients. Its properties range from modern business centres to converted historic buildings, all tailored to foster creativity, collaboration and growth.
The group’s portfolio spans over five million square feet across more than 50 locations in Greater London.
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