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

Watkin Jones Plc (LON:WJGGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 15.22 and last traded at GBX 16.30, with a volume of 15209973 shares traded. The stock had previously closed at GBX 16.04.

Watkin Jones Stock Performance

The stock’s 50-day moving average price is GBX 18.16 and its 200 day moving average price is GBX 22.75. 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 company has a market cap of £41.88 million, a P/E ratio of -4.86 and a beta of 1.37.

Insider Activity at Watkin Jones

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

About Watkin Jones

(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.

Further Reading

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