TheWorks.co.uk (LON:WRKS) Shares Up 11.6% – Here’s What Happened

Shares of TheWorks.co.uk plc (LON:WRKS) shot up 11.6% during trading on Monday . The stock traded as high as GBX 48 and last traded at GBX 46.88. 310,216 shares were traded during mid-day trading, an increase of 64% from the average session volume of 189,307 shares. The stock had previously closed at GBX 42.

TheWorks.co.uk Price Performance

The firm’s fifty day moving average price is GBX 40.22 and its 200 day moving average price is GBX 38.36. The firm has a market capitalization of £27.67 million, a PE ratio of 3.26 and a beta of 0.40. The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 1,169.78.

TheWorks.co.uk (LON:WRKS) last released its quarterly earnings data on Thursday, January 22nd. The company reported GBX (7.90) EPS for the quarter. TheWorks.co.uk had a net margin of 3.24% and a return on equity of 63.25%. As a group, equities analysts forecast that TheWorks.co.uk plc will post 9.8543689 earnings per share for the current year.

Insider Transactions at TheWorks.co.uk

In other news, insider Rosie Fordham purchased 31,034 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were purchased at an average cost of GBX 29 per share, with a total value of £8,999.86. Company insiders own 18.21% of the company’s stock.

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.