Workspace Group (LON:WKP) Reaches New 1-Year High at $650.00

Posted by Christopher Mengel on Sep 12th, 2024

Workspace Group Plc (LON:WKP – Get Free Report) shares hit a new 52-week high during 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 changing hands. The stock had previously closed at GBX 639 ($8.36).

Analyst Ratings Changes

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

Read Our Latest Analysis on Workspace Group

Workspace Group Price Performance

The business’s fifty day moving average is GBX 617.82 and its 200-day moving average is GBX 558.94. The firm has a market cap of £1.25 billion, a PE ratio of -639.00, a P/E/G ratio of 1.54 and a beta of 1.04. 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 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 other news, insider Graham Clemett sold 3,597 shares of the business’s stock in a transaction dated Friday, June 28th. The stock was sold at an average price of GBX 590 ($7.72), for a total transaction of £21,222.30 ($27,752.45). Also, insider David Benson sold 19,129 shares of the company’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of GBX 6 ($0.08), for a total transaction of £1,147.74 ($1,500.90). 32.49% of the stock is owned by corporate insiders.

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.