Workspace Group plc (LON:WKP) Insider Graham Clemett Sells 5,797 Shares – MarketBeat

This post was originally published on this site

Workspace Group plc (LON:WKP) insider Graham Clemett sold 5,797 shares of the stock in a transaction dated Friday, June 26th. The shares were sold at an average price of GBX 682 ($8.68), for a total transaction of £39,535.54 ($50,318.87).

LON:WKP opened at GBX 684.50 ($8.71) on Monday. The company has a debt-to-equity ratio of 32.75, a current ratio of 1.25 and a quick ratio of 1.03. The company’s fifty day moving average price is GBX 706.23 and its 200-day moving average price is GBX 947.76. Workspace Group plc has a 1-year low of GBX 420.88 ($5.36) and a 1-year high of GBX 1,317 ($16.76). The firm has a market capitalization of $1.24 billion and a P/E ratio of 17.24.

Workspace Group (LON:WKP) last posted its quarterly earnings results on Friday, June 5th. The company reported GBX 44.60 ($0.57) EPS for the quarter, beating the consensus estimate of GBX 44.50 ($0.57) by GBX 0.10 ($0.00). Equities analysts anticipate that Workspace Group plc will post 4658.0002251 EPS for the current fiscal year.

The business also recently declared a dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 2nd will be issued a GBX 24.49 ($0.31) dividend. The ex-dividend date is Thursday, July 2nd. This is an increase from Workspace Group’s previous dividend of $11.67. This represents a yield of 3.18%. Workspace Group’s payout ratio is presently 90.68%.

Several research analysts recently commented on WKP shares. Royal Bank of Canada reduced their price objective on shares of Workspace Group from GBX 875 ($11.14) to GBX 775 ($9.86) and set a “sector performer” rating for the company in a research note on Monday, June 22nd. JPMorgan Chase & Co. dropped their target price on Workspace Group from GBX 980 ($12.47) to GBX 930 ($11.84) and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Peel Hunt reaffirmed a “reduce” rating on shares of Workspace Group in a research report on Friday. Jefferies Financial Group upgraded Workspace Group to a “hold” rating and dropped their price target for the stock from GBX 900 ($11.45) to GBX 745 ($9.48) in a research note on Thursday, April 2nd. Finally, Barclays decreased their price objective on shares of Workspace Group from GBX 815 ($10.37) to GBX 800 ($10.18) and set an “overweight” rating for the company in a research report on Friday, June 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. Workspace Group has a consensus rating of “Hold” and a consensus price target of GBX 980.56 ($12.48).


Wall Street Legend, Teeka Tiwari, who picked Apple in 2003—and Bitcoin in 2016—shares his #1 Pick for the 2020s.

About Workspace Group

Workspace is focused on helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all – we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations. Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.8 million sq.

Further Reading: Growth Stocks

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

8 Tech Companies Set to Shine in a Social Distancing World

Telecommuting has been on the rise for many years. But it’s still not the norm. And that’s why, in the wake of our society’s call to flatten the curve of the coronavirus, more Americans find themselves in the unfamiliar position of working from home.

Aside from the mental and emotional challenge that some employees face from not having a defined workplace outside of the home, there are logistical challenges for businesses to ensure their employees can manage their work efficiently and effectively.

However, other Americans are sequestered, not by choice, but because they have no business to go-to for the time being. They face a different, unique set of challenges as more and more states begin to close bars, restaurants, and other social meeting venues.

It all happened so fast. And as an investor, it may be tough to think of investing in the market now, or ever again. But history favors those investors who have stayed the course even in the midst of a severe bear market that will quite possibly dip the economy into a recession. And that’s why we’ve identified 8 technology companies that are poised to have a breakout moment in this time of social distancing.

View the “8 Tech Companies Set to Shine in a Social Distancing World”.

This post was originally published on *this site*