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

Workspace Group Plc (LON:WKP) insider David Stevenson acquired 786 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were bought at an average price of GBX 508 ($6.39) per share, for a total transaction of £3,992.88 ($5,019.96).

Workspace Group Stock Performance

Shares of Workspace Group stock opened at GBX 508 ($6.39) on Thursday. The business has a 50-day simple moving average of GBX 561.98 and a 200 day simple moving average of GBX 594.06. Workspace Group Plc has a one year low of GBX 473 ($5.95) and a one year high of GBX 664 ($8.35). The company has a debt-to-equity ratio of 57.43, a current ratio of 1.23 and a quick ratio of 0.11. The firm has a market capitalization of £975.36 million, a price-to-earnings ratio of -508.00, a PEG ratio of 1.54 and a beta of 1.04.

Workspace Group Cuts Dividend

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