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Prices & Quotes - UK Markets - IWG (IWG)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 313.60p
Change Today:
-5.20p
Market Cap:
3,159.11m

FTSE 250 movers: Ultra Electronics jumps, Funding Circle stumbles

By Duncan Ferris

Date: Wednesday 07 Aug 2019

LONDON (ShareCast) - (Sharecast News) - London\'s FTSE 250 was up 0.25% at 18,893.12 in afternoon trade on Wednesday, as Ultra Electronics led the index higher.
The defence and aerospace contractor led the risers as it posted a 6.7% jump in first-half pre-tax profit, thanks in part to strong US defence spend.

Hill & Smith also racked up gains as the infrastructure products supplier said a strong performance in the UK and US helped to drive a rise in interim profits.

Co-work and workspace operator IWG rose after launching a share buyback programme, while Meggitt continued to rise the day after it delivered better than expected half-year topline growth on the back of \"robust\" growth in both civil original equipment and defence, and after guiding higher for full-year sales.

PageGroup climbed after it reported interim profit and revenue growth on the back of increased hiring from Europe, the Middle East and Africa.

Funding Circle led the fallers, while Sirius Minerals followed close behind as analysts at Berenberg downgraded the agrochemicals outfit from \'buy\' to \'hold\' a day after Sirius shares plunged when it pulled its $500m bond sale, which needs to be completed before the end of September for the company to access its $2.5bn revolving credit facility.

\"As outlined in the financing package, there is no guarantee that alternative methods of financing can be secured, and as such the company could again run into cash flow issues. With the deadline for completion now drawing closer, the risk is now too high to argue that Sirius Minerals\' shares currently represent an attractive investment,\" said analysts.

Finally, Premier Oil, Wood Group and Hunting all spilled lower as the US Energy Information Administration has cut its Brent spot price forecast to $64 per barrel in the second half of the year as US-China trade war confusion continues to stoke fears about demand.

Market Movers

FTSE 250 (MCX) 18,893.12 0.25%


FTSE 250 - Risers

Ultra Electronics Holdings (ULE) 2,038.00p 9.81%
Hill & Smith Holdings (HILS) 1,139.00p 8.58%
IWG (IWG) 395.10p 6.78%
Rank Group (RNK) 160.20p 5.39%
Sports Direct International (SPD) 229.80p 4.36%
Meggitt (MGGT) 608.00p 3.37%
Pagegroup (PAGE) 454.20p 3.18%
Spirent Communications (SPT) 169.20p 2.67%
Centamin (DI) (CEY) 136.80p 2.55%
Pantheon International (PIN) 2,245.00p 2.51%

FTSE 250 - Fallers

Funding Circle Holdings (FCH) 97.05p -9.30%
Sirius Minerals (SXX) 9.60p -7.71%
Premier Oil (PMO) 68.96p -3.88%
Amigo Holdings (AMGO) 140.40p -3.84%
Ferrexpo (FXPO) 222.26p -3.70%
Wood Group (John) (WG.) 458.80p -3.49%
Edinburgh Inv Trust (EDIN) 544.00p -3.37%
Senior (SNR) 193.80p -3.10%
Hunting (HTG) 429.00p -2.85%
Aston Martin Lagonda Global Holdings (AML) 454.50p -2.78%

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

IWG Market Data

Currency UK Pounds
Price 313.60p
Change Today -5.20p
52 Week High 383.60p
52 Week Low 222.60p
Volume 1,222,596
Shares Issued 1,007.37m
Market Cap 3,159.11m

Performance Indicators

Compare performance with the sector and the market.

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Vs Market
Vs Sector
Value
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Income
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Growth
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Price Chg 6m
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P/E
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PEG
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Dividend Yield
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EPS Growth
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Operating Margin
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What The Brokers Say

Strong Buy 5
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IWG Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 25-Apr-19
Paid 04-Oct-19 24-May-19
Amount 2.15p 4.35p

Trades for 30-Jul-2021

Time Volume / Share Price
16:35 609,857 @ 313.60p
16:29 323 @ 315.50p
16:29 182 @ 315.50p
16:29 129 @ 315.50p
16:29 425 @ 315.50p

IWG Key Personnel

Chair Douglas Sutherland
CEO Mark Dixon
CFO Glyn Hughes