TheWorks.co.uk (LON:WRKS) Trading 15.3% Higher – What’s Next?

Shares of TheWorks.co.uk plc (LON:WRKS) shot up 15.3% during trading on Thursday . The stock traded as high as GBX 35.80 ($0.48) and last traded at GBX 35.05 ($0.47). 1,006,018 shares were traded during trading, an increase of 416% from the average session volume of 194,975 shares. The stock had previously closed at GBX 30.40 ($0.41).

TheWorks.co.uk Stock Up 4.3%

The company has a debt-to-equity ratio of 770.97, a quick ratio of 0.33 and a current ratio of 0.85. The stock has a market capitalization of £24.63 million, a price-to-earnings ratio of 3.86 and a beta of 1.18. The firm’s fifty day simple moving average is GBX 22.91 and its 200 day simple moving average is GBX 21.63.

Insider Transactions at TheWorks.co.uk

In other news, insider Stephen Gerard Bellamy bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 23rd. The stock was acquired at an average cost of GBX 21 ($0.28) per share, with a total value of £2,100 ($2,842.83). Also, insider Simon Hathway bought 65,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 10th. The stock was purchased at an average cost of GBX 20 ($0.27) per share, with a total value of £13,000 ($17,598.48). Company insiders own 52.77% of the company’s stock.

TheWorks.co.uk Company Profile

TheWorks.co.uk plc engages in the retailing of gifts, books, art and craft products, toys, games, and stationery and seasonal products in the United Kingdom and Ireland. It sells its products through a network of stores, as well as through online. The company was founded in 1981 and is based in Birmingham, the United Kingdom.