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

Watkin Jones Plc (LON:WJGGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 19.50 and last traded at GBX 20.40, with a volume of 773723 shares traded. The stock had previously closed at GBX 19.60.

Watkin Jones Stock Up 4.1%

The firm has a market cap of £52.40 million, a price-to-earnings ratio of -6.08 and a beta of 1.36. 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 firm has a 50 day moving average price of GBX 23.30 and a 200-day moving average price of GBX 27.01.

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

Watkin Jones Company Profile

(Get Free Report)

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.

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