Shares of IWG plc (LON:IWG – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 149.60 ($1.84) and last traded at GBX 150.90 ($1.86), with a volume of 5133544 shares traded. The stock had previously closed at GBX 153 ($1.88).
IWG Trading Down 0.7 %
The stock has a market cap of £1.50 billion, a P/E ratio of -1,062.14, a price-to-earnings-growth ratio of -5.59 and a beta of 2.10. The stock’s 50-day moving average is GBX 163.13 and its two-hundred day moving average is GBX 169.37. The company has a debt-to-equity ratio of 6,782.41, a current ratio of 0.41 and a quick ratio of 0.45.
Insider Activity
In other news, insider Douglas Sutherland bought 40,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was purchased at an average cost of GBX 152 ($1.87) per share, for a total transaction of £60,800 ($74,812.35). Company insiders own 25.25% of the company’s stock.
About IWG
IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.
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