Watkin Jones (LON:WJG) Sets New 1-Year Low – Time to Sell?

Watkin Jones Plc (LON:WJG) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 17.78 and last traded at GBX 18, with a volume of 252443 shares trading hands. The stock had previously closed at GBX 18.08.

Watkin Jones Stock Performance

The stock has a market cap of £46.24 million, a P/E ratio of -5.37 and a beta of 1.38. The company has a fifty day moving average of GBX 19.34 and a 200 day moving average of GBX 24.46. The company has a debt-to-equity ratio of 28.84, a current ratio of 2.12 and a quick ratio of 1.55.

Watkin Jones (LON:WJG) last issued its quarterly earnings results on Wednesday, May 27th. The company reported GBX 0.01 earnings per share (EPS) for the quarter. Watkin Jones had a negative return on equity of 6.89% and a negative net margin of 3.43%.The firm had revenue of £100.17 million during the quarter. On average, equities analysts predict that Watkin Jones Plc will post 2.9042225 earnings per share for the current fiscal year.

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. The company was formerly known as Watkin Jones Limited and changed its name to Watkin Jones Plc in March 2016.