Watkin Jones’ (WJG) Buy Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of Watkin Jones (LON:WJG) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports.

Separately, Jefferies Financial Group reiterated a buy rating on shares of Watkin Jones in a research report on Tuesday, June 25th.

Shares of WJG stock opened at GBX 215 ($2.81) on Tuesday. Watkin Jones has a fifty-two week low of GBX 186.40 ($2.44) and a fifty-two week high of GBX 238.50 ($3.12). The firm has a market capitalization of $549.80 million and a price-to-earnings ratio of 12.57. The company has a debt-to-equity ratio of 24.58, a quick ratio of 1.31 and a current ratio of 3.18. The stock’s 50-day simple moving average is GBX 207.19 and its 200-day simple moving average is GBX 217.23.

In other Watkin Jones news, insider Richard Simpson sold 172,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of GBX 205 ($2.68), for a total value of £353,625 ($462,073.70).

About Watkin Jones

Watkin Jones plc engages in the development and the management of properties for residential occupation in the United Kingdom. It develops and constructs multi occupancy property assets focusing on student accommodations. The company operates through Student Accommodation, Build To Rent, Residential, and Accommodation Management segments.

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