Watkin Jones (LON:WJG) Reaches New 52-Week Low – Here’s Why

Watkin Jones Plc (LON:WJG) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 19.50 and last traded at GBX 20.40, with a volume of 773723 shares trading hands. The stock had previously closed at GBX 19.60.

Watkin Jones Stock Performance

The stock’s 50 day moving average price is GBX 23.30 and its 200 day moving average price is GBX 27.01. The company has a current ratio of 2.12, a quick ratio of 1.55 and a debt-to-equity ratio of 28.84. The company has a market cap of £52.40 million, a price-to-earnings ratio of -6.08 and a beta of 1.36.

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