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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:
Market Cap:

FTSE 250 movers: Precious metals miners gain, Plus500 jumps

By Alexander Bueso

Date: Monday 23 Mar 2020

LONDON (ShareCast) - (Sharecast News) - Precious metals miners Hochschild Mining and Petropavlovsk were both wanted at the start of the week, as the US central bank in effect shifted to a policy of unlimited asset purchases, as some analysts had correctly anticipated.
The move weakened the US dollar and sent gold futures flying, with the April contract on COMEX last up 5.4% to $1,568.5/oz. on COMEX.

Stock in Plus500 also bounded higher, helped by an upgrade out of analysts at Berenberg from 'hold' to 'buy', alongside an upwardly revised target of 860.0p versus 790.0p beforehand.

The broker noted the contracts-for-difference specialist's two positive trading updates in as many weeks, strong diversification, cash generation and recent insider purchases by its management.

"Current circumstances are obviously not normal but if Plus500 meets FY 2020E forecasts then it will return c12% (c100p) of its market cap to shareholders this year," they said.

In its most recent update, the firm said that its financial year results would be "substantially ahead of current consensus expectations".

Genus was another top gainer, likely benefiting from expectations for a rebound in demand from China.

On the flip-side, workspace provider IWG fell back after announcing its decision to suspend its dividend and temporarily halt its share buyback programme due to the coronavirus outbreak.

Market Movers

FTSE 250 (MCX) 13,105.21 -3.59%

FTSE 250 - Risers

Aston Martin Lagonda Global Holdings (AML) 194.00p 26.63%
Hochschild Mining (HOC) 108.90p 17.67%
Kingfisher (KGF) 140.70p 11.53%
Centamin (DI) (CEY) 115.85p 8.07%
Mitchells & Butlers (MAB) 130.60p 7.76%
Petropavlovsk (POG) 20.20p 7.56%
Games Workshop Group (GAW) 4,258.00p 7.25%
Genus (GNS) 2,880.00p 6.90%
Plus500 Ltd (DI) (PLUS) 878.60p 6.34%
Helios Towers (HTWS) 123.50p 5.65%

FTSE 250 - Fallers

Virgin Money UK (VMUK) 54.50p -22.25%
Micro Focus International (MCRO) 329.75p -21.82%
Apax Global Alpha Limited (APAX) 115.00p -20.14%
3i Infrastructure (3IN) 188.80p -18.97%
Hammerson (HMSO) 83.66p -18.78%
Cineworld Group (CINE) 42.26p -18.51%
Hyve Group (HYVE) 18.38p -18.49%
IWG (IWG) 131.35p -17.91%
National Express Group (NEX) 112.10p -16.03%
JPMorgan Indian Investment Trust (JII) 405.00p -15.80%

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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Operating Margin
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What The Brokers Say

Strong Buy 5
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 10
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