TheWorks.co.uk (LON:WRKS) Trading Down 1.6% – Time to Sell?

TheWorks.co.uk plc (LON:WRKSGet Free Report) shares dropped 1.6% during trading on Tuesday . The stock traded as low as GBX 43.60 and last traded at GBX 44.40. Approximately 58,006 shares traded hands during trading, a decline of 66% from the average daily volume of 168,599 shares. The stock had previously closed at GBX 45.10.

TheWorks.co.uk Stock Performance

The firm has a market cap of £26.36 million, a price-to-earnings ratio of 3.10 and a beta of 0.35. The company has a debt-to-equity ratio of 1,169.78, a current ratio of 0.85 and a quick ratio of 0.33. The firm has a fifty day simple moving average of GBX 42.16 and a two-hundred day simple moving average of GBX 38.26.

Insiders Place Their Bets

In related news, insider Rosie Fordham acquired 31,034 shares of the stock in a transaction on Tuesday, April 14th. The shares were acquired at an average price of GBX 29 per share, for a total transaction of £8,999.86. Corporate insiders own 18.21% of the company’s stock.

About TheWorks.co.uk

(Get Free Report)

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.

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