TheWorks.co.uk (LON:WRKS) Shares Down 3.1% – What’s Next?

TheWorks.co.uk plc (LON:WRKS) dropped 3.1% during trading on Tuesday . The stock traded as low as GBX 18 ($0.23) and last traded at GBX 20.60 ($0.27). Approximately 230,789 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 209,098 shares. The stock had previously closed at GBX 21.25 ($0.27).

TheWorks.co.uk Stock Down 3.1 %

The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 770.97. The firm has a market cap of £13.14 million, a P/E ratio of 2.06 and a beta of 1.18. The business’s fifty day moving average price is GBX 20.88 and its two-hundred day moving average price is GBX 22.33.

TheWorks.co.uk (LON:WRKS) last issued its quarterly earnings results on Friday, January 24th. The company reported GBX (9.40) (($0.12)) EPS for the quarter. TheWorks.co.uk had a return on equity of 654.05% and a net margin of 2.26%. As a group, equities research analysts anticipate that TheWorks.co.uk plc will post 9.8543689 EPS for the current year.

Insider Buying and Selling

In other TheWorks.co.uk news, insider Stephen Gerard Bellamy purchased 75,000 shares of the stock in a transaction on Thursday, January 30th. The stock was bought at an average cost of GBX 22 ($0.28) per share, for a total transaction of £16,500 ($21,243.72). 52.77% of the stock is owned by corporate insiders.

About TheWorks.co.uk

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.