IWG plc (LON:IWG – Get Free Report)’s share price was up 0.7% during trading on Tuesday . The stock traded as high as GBX 196.20 ($2.48) and last traded at GBX 194.70 ($2.46). Approximately 2,712,513 shares changed hands during trading, an increase of 40% from the average daily volume of 1,940,807 shares. The stock had previously closed at GBX 193.30 ($2.44).
IWG Stock Performance
The stock has a market cap of £1.95 billion, a price-to-earnings ratio of -1,377.86, a PEG ratio of -5.59 and a beta of 2.03. The company has a debt-to-equity ratio of 7,170.59, a quick ratio of 0.45 and a current ratio of 0.39. The company’s 50 day simple moving average is GBX 188.11 and its 200 day simple moving average is GBX 166.48.
IWG Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 2nd will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, May 2nd. This represents a yield of 0.54%. IWG’s payout ratio is -1,428.57%.
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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