TheWorks.co.uk (LON:WRKS) Shares Up 6.6% – Here’s What Happened

TheWorks.co.uk plc (LON:WRKS)’s stock price rose 6.6% during mid-day trading on Monday . The stock traded as high as GBX 40 and last traded at GBX 38.58. Approximately 311,904 shares changed hands during trading, an increase of 18% from the average daily volume of 263,939 shares. The stock had previously closed at GBX 36.18.

TheWorks.co.uk Trading Up 6.6%

The stock has a 50-day moving average price of GBX 33.57 and a two-hundred day moving average price of GBX 40.73. The stock has a market capitalization of £22.90 million, a PE ratio of 2.70 and a beta of 1.18. The company has a debt-to-equity ratio of 770.97, a quick ratio of 0.33 and a current ratio of 0.85.

TheWorks.co.uk (LON:WRKS) last released its earnings results on Thursday, January 22nd. The company reported GBX (7.90) earnings per share (EPS) for the quarter. TheWorks.co.uk had a return on equity of 654.05% and a net margin of 2.26%. As a group, equities analysts forecast that TheWorks.co.uk plc will post 9.8543689 earnings per share for the current year.

About TheWorks.co.uk

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.