Watkin Jones (LON:WJG) Hits New 12-Month Low – Here’s What Happened

Watkin Jones Plc (LON:WJG) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 20.05 and last traded at GBX 20.30, with a volume of 1197616 shares trading hands. The stock had previously closed at GBX 21.15.

Watkin Jones Trading Down 4.0%

The stock has a market capitalization of £52.14 million, a P/E ratio of -6.05 and a beta of 1.48. The stock’s fifty day moving average price is GBX 23.86 and its 200 day moving average price is GBX 27.21. The company has a debt-to-equity ratio of 28.84, a current ratio of 2.12 and a quick ratio of 1.55.

Watkin Jones (LON:WJG) last announced its quarterly earnings data on Wednesday, May 27th. The company reported GBX 0.01 earnings per share for the quarter. The company had revenue of £100.17 million during the quarter. Watkin Jones had a negative net margin of 3.43% and a negative return on equity of 6.89%. Research analysts forecast 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.