Workspace Group Plc (LON:WKP) Insider David Stevenson Acquires 786 Shares

Workspace Group Plc (LON:WKP) insider David Stevenson purchased 786 shares of Workspace Group stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average cost of GBX 508 ($6.45) per share, for a total transaction of £3,992.88 ($5,065.82).

Workspace Group Stock Down 1.4 %

Shares of LON WKP traded down GBX 7 ($0.09) during trading on Tuesday, reaching GBX 505 ($6.41). 223,542 shares of the stock were exchanged, compared to its average volume of 284,215. The company has a market capitalization of £969.60 million, a price-to-earnings ratio of -502.00, a price-to-earnings-growth ratio of 1.54 and a beta of 1.04. The business’s 50-day moving average price is GBX 566.78 and its 200 day moving average price is GBX 594.58. The company has a quick ratio of 0.11, a current ratio of 1.23 and a debt-to-equity ratio of 57.43. Workspace Group Plc has a twelve month low of GBX 473 ($6.00) and a twelve month high of GBX 664 ($8.42).

Workspace Group Cuts Dividend

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