Watkin Jones (LON:WJG) Sets New 52-Week Low – What’s Next?

Watkin Jones Plc (LON:WJG)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 18.30 and last traded at GBX 18.50, with a volume of 563036 shares trading hands. The stock had previously closed at GBX 18.50.

Watkin Jones Trading Down 3.6%

The firm has a fifty day simple moving average of GBX 21.29 and a 200-day simple moving average of GBX 26.09. 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 firm has a market cap of £47.88 million, a P/E ratio of -5.56 and a beta of 1.37.

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

About Watkin Jones

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.