Insider Buying: Workspace Group Plc (LON:WKP) Insider Purchases 4,500 Shares of Stock

Workspace Group Plc (LON:WKP) insider Nick Mackenzie acquired 4,500 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was bought at an average price of GBX 436 ($5.39) per share, with a total value of £19,620 ($24,234.19).

Workspace Group Stock Up 0.8 %

LON WKP opened at GBX 438 ($5.41) on Friday. The company has a debt-to-equity ratio of 57.43, a quick ratio of 0.11 and a current ratio of 1.23. Workspace Group Plc has a 52 week low of GBX 427.50 ($5.28) and a 52 week high of GBX 664 ($8.20). The stock has a market capitalization of £840.96 million, a P/E ratio of -438.00, a price-to-earnings-growth ratio of 1.54 and a beta of 1.04. The stock has a fifty day moving average of GBX 506.16 and a 200-day moving average of GBX 577.22.

Workspace Group (LON:WKP) last released its earnings results on Friday, November 22nd. The company reported GBX 16.90 ($0.21) earnings per share (EPS) for the quarter. Workspace Group had a negative net margin of 104.45% and a negative return on equity of 11.54%. On average, equities research analysts forecast that Workspace Group Plc will post 36.7630058 EPS for the current year.

Workspace Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 9.40 ($0.12) per share. This represents a dividend yield of 1.74%. The ex-dividend date is Thursday, January 9th. Workspace Group’s payout ratio is -2,800.00%.

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.