Watkin Jones (LON:WJG) Trading Down 14.4% – Time to Sell?

Watkin Jones Plc (LON:WJG – Get Free Report) shares traded down 14.4% on Friday . The company traded as low as GBX 15.40 and last traded at GBX 15.40. Approximately 14,117,821 shares traded hands during mid-day trading, an increase of 1,385% from the average daily volume of 950,459 shares. The stock had previously closed at GBX 18.

Watkin Jones Stock Performance

The company has a debt-to-equity ratio of 28.84, a current ratio of 2.12 and a quick ratio of 1.55. The stock has a market cap of £39.57 million, a price-to-earnings ratio of -4.59 and a beta of 1.37. The firm has a fifty day moving average of GBX 18.36 and a 200 day moving average of GBX 23.03.

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Watkin Jones (LON:WJG – Get Free Report) last issued its earnings results on Wednesday, May 27th. The company reported GBX 0.01 earnings per share (EPS) for the quarter. Watkin Jones had a negative return on equity of 6.89% and a negative net margin of 3.43%.The company had revenue of £100.17 million during the quarter. As a group, sell-side analysts forecast that Watkin Jones Plc will post 2.9042225 EPS for the current year.

Insider Activity at Watkin Jones

In other Watkin Jones news, insider Alan Giddins purchased 177,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were acquired at an average price of GBX 1,686 per share, with a total value of £2,984,220. 3.88% of the stock is currently owned by company insiders.

Watkin Jones Company Profile

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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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