IWG (LON:IWG) Reaches New 52-Week Low – Time to Sell?

IWG plc (LON:IWGGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 151.70 ($1.91) and last traded at GBX 151.90 ($1.91), with a volume of 4861319 shares changing hands. The stock had previously closed at GBX 158 ($1.99).

IWG Stock Performance

The firm’s fifty day moving average price is GBX 167.51 and its 200 day moving average price is GBX 171.90. The firm has a market cap of £1.52 billion, a P/E ratio of -1,074.29, a price-to-earnings-growth ratio of -5.59 and a beta of 2.10. The company has a debt-to-equity ratio of 6,782.41, a quick ratio of 0.45 and a current ratio of 0.41.

IWG Company Profile

(Get Free Report)

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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