David Stevenson Buys 1,320 Shares of Workspace Group (LON:WKP) Stock

Workspace Group Plc (LON:WKP) insider David Stevenson acquired 1,320 shares of Workspace Group stock in a transaction dated Monday, December 1st. The stock was purchased at an average price of GBX 377 per share, for a total transaction of £4,976.40.

David Stevenson also recently made the following trade(s):

• On Friday, November 21st, David Stevenson acquired 1,366 shares of Workspace Group stock. The shares were purchased at an average cost of GBX 364 per share, with a total value of £4,972.24.

Workspace Group Stock Up 0.9%

Shares of WKP stock traded up GBX 3.50 on Tuesday, reaching GBX 382. 115,757 shares of the stock were exchanged, compared to its average volume of 849,604. The company has a market capitalization of £734.41 million, a price-to-earnings ratio of 136.43, a PEG ratio of 1.54 and a beta of 1.04. The business’s 50 day moving average price is GBX 398.02 and its 200 day moving average price is GBX 403.49. The company has a current ratio of 1.23, a quick ratio of 0.11 and a debt-to-equity ratio of 57.43. Workspace Group Plc has a twelve month low of GBX 359.50 and a twelve month high of GBX 560.

Workspace Group (LON:WKP) last announced its quarterly earnings results on Wednesday, November 19th. The company reported GBX (37) earnings per share (EPS) for the quarter. Workspace Group had a negative return on equity of 12.20% and a negative net margin of 104.45%. As a group, sell-side analysts expect that Workspace Group Plc will post 36.7630058 earnings per share for the current fiscal year.

Analyst Ratings Changes

WKP has been the subject of a number of research analyst reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 403 price target on shares of Workspace Group in a report on Wednesday, November 19th. Peel Hunt restated a “buy” rating and set a GBX 500 price objective on shares of Workspace Group in a research report on Thursday, October 16th. Finally, Jefferies Financial Group lowered their target price on shares of Workspace Group from GBX 516 to GBX 490 and set a “buy” rating for the company in a report on Thursday, November 20th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 464.33.

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.