Watkin Jones (LON:WJG) Sets New 1-Year Low – What’s Next?

Watkin Jones Plc (LON:WJG – Get Free Report) shares hit a new 52-week low on Tuesday. The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 1003509 shares. The stock had previously closed at GBX 15.30.

Watkin Jones Stock Performance

The firm has a fifty day moving average of GBX 16.62 and a 200-day moving average of GBX 19.98. 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 stock has a market capitalization of £38.81 million, a price-to-earnings ratio of -4.50 and a beta of 1.36.

Insiders Place Their Bets

In other Watkin Jones news, insider Alan Giddins bought 177,000 shares of the business’s stock in a transaction on Friday, August 28th. The stock was bought at an average price of GBX 1,686 per share, for a total transaction of £2,984,220. Company insiders own 3.95% 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.

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