IWG (LON:IWG) Hits New 12-Month Low – Should You Sell?

IWG plc (LON:IWGGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 149.60 ($1.84) and last traded at GBX 150.90 ($1.86), with a volume of 5133544 shares traded. The stock had previously closed at GBX 153 ($1.88).

IWG Trading Down 0.7 %

The stock has a 50-day moving average price of GBX 163.13 and a two-hundred day moving average price of GBX 169.37. The stock has a market capitalization of £1.50 billion, a PE ratio of -1,062.14, a PEG ratio of -5.59 and a beta of 2.10. The company has a debt-to-equity ratio of 6,782.41, a quick ratio of 0.45 and a current ratio of 0.41.

Insiders Place Their Bets

In other IWG news, insider Douglas Sutherland acquired 40,000 shares of the stock in a transaction dated Thursday, December 19th. The shares were acquired at an average cost of GBX 152 ($1.87) per share, for a total transaction of £60,800 ($74,812.35). 25.25% of the stock is owned by company insiders.

IWG Company Profile

(Get Free Report)

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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