Insider Buying: Workspace Group Plc (LON:WKP) Insider Acquires £19,620 in Stock

Workspace Group Plc (LON:WKP) insider Nick Mackenzie acquired 4,500 shares of the stock in a transaction on Thursday, January 23rd. The stock was bought at an average price of GBX 436 ($5.43) per share, with a total value of £19,620 ($24,451.65).

Workspace Group Stock Down 0.2 %

Shares of LON:WKP opened at GBX 433.50 ($5.40) on Monday. The firm has a market capitalization of £832.32 million, a P/E ratio of -433.50, a P/E/G ratio of 1.54 and a beta of 1.04. The company has a debt-to-equity ratio of 57.43, a quick ratio of 0.11 and a current ratio of 1.23. The stock has a 50 day moving average price of GBX 501.92 and a 200-day moving average price of GBX 574.86. Workspace Group Plc has a 52-week low of GBX 427.50 ($5.33) and a 52-week high of GBX 664 ($8.28).

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

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 given a dividend of GBX 9.40 ($0.12) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 1.74%. Workspace Group’s dividend payout ratio (DPR) is currently -2,800.00%.

About Workspace Group

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.