Watkin Jones (LON:WJG) Stock Passes Below 200-Day Moving Average – Time to Sell?

Watkin Jones Plc (LON:WJG)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 28.16 ($0.35) and traded as low as GBX 22.90 ($0.29). Watkin Jones shares last traded at GBX 33.75 ($0.42), with a volume of 2,272,541 shares changing hands.

Watkin Jones Stock Up 1.9 %

The company has a current ratio of 2.44, a quick ratio of 1.55 and a debt-to-equity ratio of 51.35. The company has a market capitalization of £88.29 million, a PE ratio of -286.67 and a beta of 1.38. The business’s 50-day simple moving average is GBX 23.32 and its 200-day simple moving average is GBX 28.16.

Watkin Jones (LON:WJG) last posted its quarterly earnings results on Thursday, January 23rd. The company reported GBX 3.52 ($0.04) earnings per share (EPS) for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 20.44%. As a group, equities research analysts anticipate that Watkin Jones Plc will post 2.9042225 EPS for the current fiscal year.

Insiders Place Their Bets

In other Watkin Jones news, insider Simon Jones purchased 18,892 shares of Watkin Jones stock in a transaction on Friday, January 24th. The stock was bought at an average cost of GBX 27 ($0.34) per share, with a total value of £5,100.84 ($6,349.07). 11.01% of the stock is currently owned by insiders.

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.