Watkin Jones (LON:WJG) Shares Down 14.4% – What’s Next?

Watkin Jones Plc (LON:WJG)’s stock price was down 14.4% on Friday . The company traded as low as GBX 15.40 and last traded at GBX 15.40. 14,117,821 shares changed hands during trading, an increase of 1,385% from the average session volume of 950,459 shares. The stock had previously closed at GBX 18.

Watkin Jones Trading Down 14.4%

The company has a quick ratio of 1.55, a current ratio of 2.12 and a debt-to-equity ratio of 28.84. The business has a 50-day simple moving average of GBX 18.36 and a 200-day simple moving average of GBX 23.03. The company has a market cap of £39.57 million, a PE ratio of -4.59 and a beta of 1.37.

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

Insider Transactions at Watkin Jones

In other news, insider Alan Giddins bought 177,000 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average cost of GBX 1,686 per share, for a total transaction of £2,984,220. Insiders own 3.88% of the company’s stock.

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.