TheWorks.co.uk (LON:WRKS) Sets New 12-Month Low – Here’s What Happened

TheWorks.co.uk plc (LON:WRKS)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 20.80 ($0.26) and last traded at GBX 21 ($0.26), with a volume of 165797 shares trading hands. The stock had previously closed at GBX 22.70 ($0.28).

TheWorks.co.uk Trading Up 7.7 %

The firm’s 50 day moving average is GBX 23.85 and its 200 day moving average is GBX 24.36. The company has a market cap of £13.55 million, a PE ratio of 225.00 and a beta of 1.18. The company has a debt-to-equity ratio of 770.97, a current ratio of 0.85 and a quick ratio of 0.33.

Insider Activity at TheWorks.co.uk

In related news, insider Stephen Gerard Bellamy purchased 100,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was acquired at an average price of GBX 26 ($0.33) per share, with a total value of £26,000 ($32,593.71). 52.77% of the stock is owned by corporate insiders.

TheWorks.co.uk Company Profile

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.