Watkin Jones (LON:WJG) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Watkin Jones Plc (LON:WJG)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 30.58 ($0.41) and traded as high as GBX 32.85 ($0.44). Watkin Jones shares last traded at GBX 32.30 ($0.43), with a volume of 808,861 shares traded.

Watkin Jones Stock Down 0.1 %

The firm has a market cap of £83.80 million, a PE ratio of -2.76 and a beta of 1.38. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.41 and a quick ratio of 1.55. The business has a fifty day moving average price of GBX 30.58 and a two-hundred day moving average price of GBX 26.28.

Watkin Jones (LON:WJG) last issued its earnings results on Thursday, January 23rd. The company reported GBX 3.52 ($0.05) earnings per share (EPS) for the quarter. Watkin Jones had a negative net margin of 6.99% and a negative return on equity of 22.95%. On average, analysts anticipate that Watkin Jones Plc will post 2.9042225 EPS for the current fiscal year.

Insider Activity at Watkin Jones

In related news, insider Simon Jones acquired 18,892 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The shares were acquired at an average cost of GBX 27 ($0.36) per share, with a total value of £5,100.84 ($6,758.77). Insiders own 11.01% of the company’s stock.

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.