IWG (LON:IWG) Stock Price Up 0.5% – Here’s Why

Shares of IWG plc (LON:IWGGet Free Report) traded up 0.5% during mid-day trading on Thursday . The stock traded as high as GBX 167.90 ($2.13) and last traded at GBX 166.30 ($2.11). 1,370,744 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 2,246,749 shares. The stock had previously closed at GBX 165.50 ($2.10).

IWG Stock Up 0.5 %

The company’s 50-day simple moving average is GBX 170.77 and its two-hundred day simple moving average is GBX 175.62. The firm has a market capitalization of £1.68 billion, a P/E ratio of -1,187.86, a P/E/G ratio of -5.59 and a beta of 2.10. The company has a debt-to-equity ratio of 6,782.41, a current ratio of 0.41 and a quick ratio of 0.45.

About IWG

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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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