TheWorks.co.uk (LON:WRKS) Trading Down 4.5% – Time to Sell?

TheWorks.co.uk plc (LON:WRKS)’s stock price was down 4.5% on Thursday . The stock traded as low as GBX 35 and last traded at GBX 39.06. Approximately 590,979 shares were traded during trading, an increase of 163% from the average daily volume of 224,763 shares. The stock had previously closed at GBX 40.90.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “not rated” rating on shares of TheWorks.co.uk in a report on Tuesday, July 22nd.

TheWorks.co.uk Price Performance

The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 770.97. The stock’s 50 day moving average price is GBX 46.59 and its two-hundred day moving average price is GBX 47.12. The firm has a market capitalization of £22.21 million, a price-to-earnings ratio of 2.85 and a beta of 1.18.

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.