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

Watkin Jones Plc (LON:WJG)’s share price hit a new 52-week low on Tuesday. The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 1003509 shares. The stock had previously closed at GBX 15.30.

Watkin Jones Price Performance

The stock has a market capitalization of £38.54 million, a price-to-earnings ratio of -4.47 and a beta of 1.36. The company has a fifty day simple moving average of GBX 16.74 and a two-hundred day simple moving average of GBX 20.16. The company has a debt-to-equity ratio of 28.84, a quick ratio of 1.55 and a current ratio of 2.12.

Insider Activity at Watkin Jones

In other news, insider Alan Giddins purchased 177,000 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was bought at an average price of GBX 1,686 per share, with a total value of £2,984,220. Insiders own 3.95% 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. The company was formerly known as Watkin Jones Limited and changed its name to Watkin Jones Plc in March 2016.