TheWorks.co.uk (LON:WRKS) Hits New 52-Week Low – Here’s Why

TheWorks.co.uk plc (LON:WRKSGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 20 ($0.25) and last traded at GBX 20.82 ($0.26), with a volume of 298006 shares changing hands. The stock had previously closed at GBX 21.50 ($0.27).

TheWorks.co.uk Price Performance

The company has a market cap of £12.54 million, a price-to-earnings ratio of 205.00 and a beta of 1.18. 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 business has a 50-day moving average price of GBX 23.55 and a 200 day moving average price of GBX 24.26.

Insider Activity

In other news, insider Stephen Gerard Bellamy bought 100,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were bought at an average cost of GBX 26 ($0.33) per share, with a total value of £26,000 ($32,961.46). 52.77% of the stock is currently owned by company insiders.

TheWorks.co.uk Company Profile

(Get Free Report)

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.

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