IWG (OTCMKTS:IWGFF) Shares Down 5.5% – Here’s Why

IWG plc (OTCMKTS:IWGFFGet Free Report) was down 5.5% on Thursday . The company traded as low as $1.86 and last traded at $1.90. Approximately 1,126,639 shares traded 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 Stock Down 5.5 %

The firm has a fifty day moving average price of $2.08 and a 200-day moving average price of $2.19.

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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