TheWorks.co.uk (LON:WRKS) Shares Down 1.5%

TheWorks.co.uk plc (LON:WRKS)’s share price was down 1.5% during trading on Wednesday . The company traded as low as GBX 25.80 ($0.34) and last traded at GBX 25.80 ($0.34). Approximately 15,056 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 129,282 shares. The stock had previously closed at GBX 26.20 ($0.34).

TheWorks.co.uk Stock Performance

The stock has a 50 day moving average of GBX 24.34 and a 200 day moving average of GBX 25.04. The company has a quick ratio of 0.33, a current ratio of 0.80 and a debt-to-equity ratio of 5,938.03. The company has a market capitalization of £16.60 million, a price-to-earnings ratio of -2,710.00 and a beta of 1.18.

Insider Buying and Selling at TheWorks.co.uk

In other news, insider Harry Morley sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of GBX 23 ($0.30), for a total transaction of £5,750 ($7,560.82). Insiders own 50.45% of the company’s stock.

About TheWorks.co.uk

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.