IWG plc (LON:IWG – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 147.10 ($1.80) and last traded at GBX 148.60 ($1.82), with a volume of 5679364 shares traded. The stock had previously closed at GBX 149.30 ($1.83).
IWG Stock Performance
The company has a current ratio of 0.41, a quick ratio of 0.45 and a debt-to-equity ratio of 6,782.41. The stock has a fifty day moving average price of GBX 162.39 and a 200-day moving average price of GBX 168.79. The firm has a market capitalization of £1.63 billion, a price-to-earnings ratio of -1,150.00, a PEG ratio of -5.59 and a beta of 2.10.
Insider Activity at IWG
In other IWG news, insider Douglas Sutherland purchased 40,000 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of GBX 152 ($1.86) per share, with a total value of £60,800 ($74,418.60). 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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