Watkin Jones (LON:WJG) Releases Quarterly Earnings Results

Watkin Jones (LON:WJG) issued its quarterly earnings results on Tuesday. The company reported GBX 2.29 earnings per share for the quarter, Digital Look Earnings reports. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 22.95%.

Watkin Jones Trading Up 1.8%

WJG opened at GBX 28.35 on Thursday. The firm has a 50 day simple moving average of GBX 28.61 and a 200 day simple moving average of GBX 28.67. Watkin Jones has a fifty-two week low of GBX 17.74 and a fifty-two week high of GBX 40.96. The company has a market cap of £72.76 million, a price-to-earnings ratio of -191.55 and a beta of 1.38. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.41 and a quick ratio of 1.55.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 38 price objective on shares of Watkin Jones in a research report on Tuesday, September 30th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 38.

Watkin Jones Company Profile

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through four segments: Student Accommodation, Build to Rent, Affordable Homes, and Accommodation Management. It is involved in the development of purpose-built student accommodation, build to rent accommodation, and residential housing property; and management of student accommodation and build to rent/private rental sector property.