David Stevenson Buys 1,320 Shares of Workspace Group (LON:WKP) Stock

Workspace Group Plc (LON:WKP) insider David Stevenson acquired 1,320 shares of the company’s stock in a transaction on Monday, December 1st. The stock was acquired at an average price of GBX 377 per share, for a total transaction of £4,976.40.

David Stevenson also recently made the following trade(s):

• On Friday, November 21st, David Stevenson bought 1,366 shares of Workspace Group stock. The stock was acquired at an average cost of GBX 364 per share, with a total value of £4,972.24.

Workspace Group Stock Performance

Shares of WKP traded up GBX 3.50 during mid-day trading on Tuesday, hitting GBX 382. 115,757 shares of the company’s stock were exchanged, compared to its average volume of 849,604. The company has a current ratio of 1.23, a quick ratio of 0.11 and a debt-to-equity ratio of 57.43. Workspace Group Plc has a fifty-two week low of GBX 359.50 and a fifty-two week high of GBX 560. The business’s 50 day moving average is GBX 398.02 and its two-hundred day moving average is GBX 403.49. The firm has a market capitalization of £734.41 million, a P/E ratio of 136.43, a P/E/G ratio of 1.54 and a beta of 1.04.

Workspace Group (LON:WKP) last issued its quarterly earnings results on Wednesday, November 19th. The company reported GBX (37) earnings per share (EPS) for the quarter. Workspace Group had a negative net margin of 104.45% and a negative return on equity of 12.20%. On average, equities analysts expect that Workspace Group Plc will post 36.7630058 earnings per share for the current year.

Analyst Ratings Changes

WKP has been the topic of a number of recent research reports. Berenberg Bank reissued a “buy” rating and issued a GBX 403 target price on shares of Workspace Group in a report on Wednesday, November 19th. Peel Hunt reissued a “buy” rating and issued a GBX 500 price objective on shares of Workspace Group in a research note on Thursday, October 16th. Finally, Jefferies Financial Group cut their price objective on shares of Workspace Group from GBX 516 to GBX 490 and set a “buy” rating for the company in a research report on Thursday, November 20th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Workspace Group has an average rating of “Buy” and a consensus price target of GBX 464.33.

Workspace Group Company Profile

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.