Insider Buying: Workspace Group Plc (LON:WKP) Insider Purchases 462 Shares of Stock

Workspace Group Plc (LON:WKP) insider David Stevenson purchased 462 shares of the stock in a transaction on Tuesday, September 17th. The stock was acquired at an average cost of GBX 649 ($8.57) per share, for a total transaction of £2,998.38 ($3,960.87).

Workspace Group Trading Up 1.5 %

Shares of Workspace Group stock opened at GBX 658 ($8.69) on Friday. The firm has a market capitalization of £1.26 billion, a PE ratio of -658.00, a P/E/G ratio of 1.54 and a beta of 1.04. Workspace Group Plc has a twelve month low of GBX 449.20 ($5.93) and a twelve month high of GBX 664 ($8.77). The firm’s 50-day moving average price is GBX 623.98 and its 200 day moving average price is GBX 565.24. The company has a current ratio of 1.23, a quick ratio of 0.11 and a debt-to-equity ratio of 57.43.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. increased their target price on shares of Workspace Group from GBX 650 ($8.59) to GBX 700 ($9.25) and gave the stock an “overweight” rating in a research note on Thursday, June 6th.

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.