Watkin Jones (LON:WJG) Sets New 1-Year Low – Here’s Why

Shares of Watkin Jones Plc (LON:WJG) hit 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. The stock had previously closed at GBX 19.60.

Watkin Jones Stock Performance

The firm has a fifty day simple moving average of GBX 23.10 and a 200-day simple moving average of GBX 26.92. The company has a market cap of £50.52 million, a PE ratio of -5.87 and a beta of 1.36. The company has a quick ratio of 1.55, a current ratio of 2.12 and a debt-to-equity ratio of 28.84.

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

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.