IWG plc (OTCMKTS:IWGFF – Get Free Report) dropped 5.5% on Thursday . The company traded as low as $1.86 and last traded at $1.90. Approximately 1,126,639 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 606,929 shares. The stock had previously closed at $2.01.
IWG Price Performance
The stock’s 50 day simple moving average is $2.08 and its two-hundred day simple moving average is $2.19.
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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